B.Grimm Power Public Company Limited

SET:BGRIM-R Stock Report

Market Cap: ฿53.4b

B.Grimm Power Balance Sheet Health

Financial Health criteria checks 2/6

B.Grimm Power has a total shareholder equity of THB53.1B and total debt of THB110.8B, which brings its debt-to-equity ratio to 208.5%. Its total assets and total liabilities are THB179.0B and THB125.9B respectively. B.Grimm Power's EBIT is THB8.0B making its interest coverage ratio 1.9. It has cash and short-term investments of THB23.2B.

Key information

208.5%

Debt to equity ratio

฿110.78b

Debt

Interest coverage ratio1.9x
Cash฿23.23b
Equity฿53.13b
Total liabilities฿125.88b
Total assets฿179.02b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BGRIM-R's short term assets (THB50.6B) exceed its short term liabilities (THB22.5B).

Long Term Liabilities: BGRIM-R's short term assets (THB50.6B) do not cover its long term liabilities (THB103.3B).


Debt to Equity History and Analysis

Debt Level: BGRIM-R's net debt to equity ratio (164.8%) is considered high.

Reducing Debt: BGRIM-R's debt to equity ratio has reduced from 221.5% to 208.5% over the past 5 years.

Debt Coverage: BGRIM-R's debt is not well covered by operating cash flow (12.7%).

Interest Coverage: BGRIM-R's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


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