B.Grimm Power Public Company Limited

SET:BGRIM-R Stock Report

Market Cap: ฿61.8b

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 ratio1.9x
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).


Balance Sheet


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