QTCG Balance Sheet Health
Financial Health criteria checks 3/6
QTCG has a total shareholder equity of THB283.2M and total debt of THB222.6M, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are THB884.7M and THB601.5M respectively. QTCG's EBIT is THB51.1M making its interest coverage ratio 6.3. It has cash and short-term investments of THB55.9M.
Key information
78.6%
Debt to equity ratio
฿222.64m
Debt
Interest coverage ratio | 6.3x |
Cash | ฿55.91m |
Equity | ฿283.19m |
Total liabilities | ฿601.47m |
Total assets | ฿884.66m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: QTCG-R's short term assets (THB652.6M) exceed its short term liabilities (THB548.3M).
Long Term Liabilities: QTCG-R's short term assets (THB652.6M) exceed its long term liabilities (THB53.2M).
Debt to Equity History and Analysis
Debt Level: QTCG-R's net debt to equity ratio (58.9%) is considered high.
Reducing Debt: Insufficient data to determine if QTCG-R's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: QTCG-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: QTCG-R's interest payments on its debt are well covered by EBIT (6.3x coverage).