B.Grimm Power Balance Sheet Health
Financial Health criteria checks 1/6
B.Grimm Power has a total shareholder equity of THB51.2B and total debt of THB111.1B, which brings its debt-to-equity ratio to 217%. Its total assets and total liabilities are THB175.4B and THB124.2B respectively. B.Grimm Power's EBIT is THB8.1B making its interest coverage ratio 1.9. It has cash and short-term investments of THB19.2B.
Key information
217.0%
Debt to equity ratio
฿111.10b
Debt
| Interest coverage ratio | 1.9x |
| Cash | ฿19.19b |
| Equity | ฿51.20b |
| Total liabilities | ฿124.22b |
| Total assets | ฿175.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGRIM-R's short term assets (THB46.5B) exceed its short term liabilities (THB20.2B).
Long Term Liabilities: BGRIM-R's short term assets (THB46.5B) do not cover its long term liabilities (THB104.0B).
Debt to Equity History and Analysis
Debt Level: BGRIM-R's net debt to equity ratio (179.5%) is considered high.
Reducing Debt: BGRIM-R's debt to equity ratio has increased from 216.8% to 217% over the past 5 years.
Debt Coverage: BGRIM-R's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: BGRIM-R's interest payments on its debt are not well covered by EBIT (1.9x coverage).