QTC Energy Balance Sheet Health
Financial Health criteria checks 6/6
QTC Energy has a total shareholder equity of THB1.5B and total debt of THB20.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are THB1.8B and THB303.1M respectively. QTC Energy's EBIT is THB133.1M making its interest coverage ratio 84.3. It has cash and short-term investments of THB514.3M.
Key information
1.3%
Debt to equity ratio
฿20.00m
Debt
| Interest coverage ratio | 84.3x |
| Cash | ฿514.32m |
| Equity | ฿1.53b |
| Total liabilities | ฿303.15m |
| Total assets | ฿1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTC-R's short term assets (THB1.2B) exceed its short term liabilities (THB250.9M).
Long Term Liabilities: QTC-R's short term assets (THB1.2B) exceed its long term liabilities (THB52.2M).
Debt to Equity History and Analysis
Debt Level: QTC-R has more cash than its total debt.
Reducing Debt: QTC-R's debt to equity ratio has reduced from 7.2% to 1.3% over the past 5 years.
Debt Coverage: QTC-R's debt is well covered by operating cash flow (427.7%).
Interest Coverage: QTC-R's interest payments on its debt are well covered by EBIT (84.3x coverage).