B.Grimm Power Balance Sheet Health
Financial Health criteria checks 2/6
B.Grimm Power has a total shareholder equity of THB52.7B and total debt of THB110.8B, which brings its debt-to-equity ratio to 210.2%. Its total assets and total liabilities are THB177.0B and THB124.3B respectively. B.Grimm Power's EBIT is THB7.9B making its interest coverage ratio 1.9. It has cash and short-term investments of THB29.5B.
Key information
210.2%
Debt to equity ratio
฿110.76b
Debt
Interest coverage ratio | 1.9x |
Cash | ฿29.50b |
Equity | ฿52.70b |
Total liabilities | ฿124.33b |
Total assets | ฿177.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGRIM's short term assets (THB53.7B) exceed its short term liabilities (THB17.5B).
Long Term Liabilities: BGRIM's short term assets (THB53.7B) do not cover its long term liabilities (THB106.9B).
Debt to Equity History and Analysis
Debt Level: BGRIM's net debt to equity ratio (154.2%) is considered high.
Reducing Debt: BGRIM's debt to equity ratio has reduced from 222.5% to 210.2% over the past 5 years.
Debt Coverage: BGRIM's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: BGRIM's interest payments on its debt are not well covered by EBIT (1.9x coverage).