B.Grimm Power Balance Sheet Health
Financial Health criteria checks 2/6
B.Grimm Power has a total shareholder equity of THB53.7B and total debt of THB111.7B, which brings its debt-to-equity ratio to 208%. Its total assets and total liabilities are THB181.0B and THB127.3B respectively. B.Grimm Power's EBIT is THB8.1B making its interest coverage ratio 1.9. It has cash and short-term investments of THB29.9B.
Key information
208.0%
Debt to equity ratio
฿111.71b
Debt
Interest coverage ratio | 1.9x |
Cash | ฿29.91b |
Equity | ฿53.71b |
Total liabilities | ฿127.26b |
Total assets | ฿180.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGRIM-R's short term assets (THB54.7B) exceed its short term liabilities (THB19.2B).
Long Term Liabilities: BGRIM-R's short term assets (THB54.7B) do not cover its long term liabilities (THB108.1B).
Debt to Equity History and Analysis
Debt Level: BGRIM-R's net debt to equity ratio (152.3%) is considered high.
Reducing Debt: BGRIM-R's debt to equity ratio has reduced from 224.2% to 208% over the past 5 years.
Debt Coverage: BGRIM-R's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: BGRIM-R's interest payments on its debt are not well covered by EBIT (1.9x coverage).