BTS Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
BTS Group Holdings has a total shareholder equity of THB66.4B and total debt of THB186.2B, which brings its debt-to-equity ratio to 280.4%. Its total assets and total liabilities are THB272.1B and THB205.7B respectively. BTS Group Holdings's EBIT is THB1.2B making its interest coverage ratio -21. It has cash and short-term investments of THB11.1B.
Key information
280.4%
Debt to equity ratio
฿186.20b
Debt
Interest coverage ratio | -21x |
Cash | ฿11.12b |
Equity | ฿66.39b |
Total liabilities | ฿205.69b |
Total assets | ฿272.08b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTS-W8-R's short term assets (THB47.7B) do not cover its short term liabilities (THB51.8B).
Long Term Liabilities: BTS-W8-R's short term assets (THB47.7B) do not cover its long term liabilities (THB153.9B).
Debt to Equity History and Analysis
Debt Level: BTS-W8-R's net debt to equity ratio (263.7%) is considered high.
Reducing Debt: BTS-W8-R's debt to equity ratio has increased from 138.5% to 280.4% over the past 5 years.
Debt Coverage: BTS-W8-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BTS-W8-R earns more interest than it pays, so coverage of interest payments is not a concern.