Qualitech Balance Sheet Health
Financial Health criteria checks 4/6
Qualitech has a total shareholder equity of THB295.7M and total debt of THB14.4M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are THB391.7M and THB96.0M respectively.
Key information
4.9%
Debt to equity ratio
฿14.38m
Debt
Interest coverage ratio | n/a |
Cash | ฿32.06m |
Equity | ฿295.70m |
Total liabilities | ฿96.02m |
Total assets | ฿391.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QLT's short term assets (THB202.6M) exceed its short term liabilities (THB63.1M).
Long Term Liabilities: QLT's short term assets (THB202.6M) exceed its long term liabilities (THB32.9M).
Debt to Equity History and Analysis
Debt Level: QLT has more cash than its total debt.
Reducing Debt: QLT's debt to equity ratio has increased from 0% to 4.9% over the past 5 years.
Debt Coverage: QLT's debt is well covered by operating cash flow (104%).
Interest Coverage: Insufficient data to determine if QLT's interest payments on its debt are well covered by EBIT.