BTS Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
BTS Group Holdings has a total shareholder equity of THB67.3B and total debt of THB187.7B, which brings its debt-to-equity ratio to 278.8%. Its total assets and total liabilities are THB273.6B and THB206.2B respectively. BTS Group Holdings's EBIT is THB1.3B making its interest coverage ratio -2. It has cash and short-term investments of THB12.2B.
Key information
278.8%
Debt to equity ratio
฿187.70b
Debt
Interest coverage ratio | -2x |
Cash | ฿12.23b |
Equity | ฿67.32b |
Total liabilities | ฿206.23b |
Total assets | ฿273.55b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTS's short term assets (THB48.2B) do not cover its short term liabilities (THB52.2B).
Long Term Liabilities: BTS's short term assets (THB48.2B) do not cover its long term liabilities (THB154.0B).
Debt to Equity History and Analysis
Debt Level: BTS's net debt to equity ratio (260.6%) is considered high.
Reducing Debt: BTS's debt to equity ratio has increased from 118.5% to 278.8% over the past 5 years.
Debt Coverage: BTS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BTS earns more interest than it pays, so coverage of interest payments is not a concern.