BTS Group Holdings Balance Sheet Health
Financial Health criteria checks 1/6
BTS Group Holdings has a total shareholder equity of THB77.2B and total debt of THB177.4B, which brings its debt-to-equity ratio to 229.9%. Its total assets and total liabilities are THB272.6B and THB195.4B respectively. BTS Group Holdings's EBIT is THB1.9B making its interest coverage ratio -1.5. It has cash and short-term investments of THB12.0B.
Key information
229.9%
Debt to equity ratio
฿177.40b
Debt
| Interest coverage ratio | -1.5x |
| Cash | ฿12.01b |
| Equity | ฿77.16b |
| Total liabilities | ฿195.40b |
| Total assets | ฿272.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTSG.Y's short term assets (THB21.0B) do not cover its short term liabilities (THB47.3B).
Long Term Liabilities: BTSG.Y's short term assets (THB21.0B) do not cover its long term liabilities (THB148.1B).
Debt to Equity History and Analysis
Debt Level: BTSG.Y's net debt to equity ratio (214.4%) is considered high.
Reducing Debt: BTSG.Y's debt to equity ratio has increased from 102% to 229.9% over the past 5 years.
Debt Coverage: BTSG.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BTSG.Y earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/21 02:51 |
| End of Day Share Price | 2023/07/24 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BTS Group Holdings Public Company Limited is covered by 22 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kawee Manitsupavong | Asia Plus Securities Company Limited |
| Chutima Woramontri | BNP Paribas Securities (Asia) |
| Somkij Oranchatchawan | BNP Paribas Securities (Asia) |