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.