BTS Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
BTS Group Holdings has a total shareholder equity of THB64.3B and total debt of THB168.2B, which brings its debt-to-equity ratio to 261.6%. Its total assets and total liabilities are THB250.9B and THB186.6B respectively. BTS Group Holdings's EBIT is THB807.7M making its interest coverage ratio 1. It has cash and short-term investments of THB9.3B.
Key information
261.6%
Debt to equity ratio
฿168.22b
Debt
| Interest coverage ratio | 1x |
| Cash | ฿9.30b |
| Equity | ฿64.29b |
| Total liabilities | ฿186.62b |
| Total assets | ฿250.92b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTS's short term assets (THB34.1B) exceed its short term liabilities (THB32.9B).
Long Term Liabilities: BTS's short term assets (THB34.1B) do not cover its long term liabilities (THB153.7B).
Debt to Equity History and Analysis
Debt Level: BTS's net debt to equity ratio (247.2%) is considered high.
Reducing Debt: BTS's debt to equity ratio has increased from 117.5% to 261.6% over the past 5 years.
Debt Coverage: BTS's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: BTS's interest payments on its debt are not well covered by EBIT (1x coverage).