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 THB96.8M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are THB2.0B and THB459.5M respectively. QTC Energy's EBIT is THB112.7M making its interest coverage ratio 61.5. It has cash and short-term investments of THB509.9M.
Key information
6.3%
Debt to equity ratio
฿96.80m
Debt
| Interest coverage ratio | 61.5x |
| Cash | ฿509.90m |
| Equity | ฿1.54b |
| Total liabilities | ฿459.49m |
| Total assets | ฿2.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTC-R's short term assets (THB1.3B) exceed its short term liabilities (THB403.7M).
Long Term Liabilities: QTC-R's short term assets (THB1.3B) exceed its long term liabilities (THB55.8M).
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 11.6% to 6.3% over the past 5 years.
Debt Coverage: QTC-R's debt is well covered by operating cash flow (60.6%).
Interest Coverage: QTC-R's interest payments on its debt are well covered by EBIT (61.5x coverage).