TQM Alpha Balance Sheet Health
Financial Health criteria checks 4/6
TQM Alpha has a total shareholder equity of THB3.3B and total debt of THB1.5B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are THB6.2B and THB2.9B respectively. TQM Alpha's EBIT is THB1.1B making its interest coverage ratio 101.7. It has cash and short-term investments of THB1.5B.
Key information
46.3%
Debt to equity ratio
฿1.52b
Debt
| Interest coverage ratio | 101.7x |
| Cash | ฿1.50b |
| Equity | ฿3.29b |
| Total liabilities | ฿2.93b |
| Total assets | ฿6.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TQM-R's short term assets (THB4.4B) exceed its short term liabilities (THB2.2B).
Long Term Liabilities: TQM-R's short term assets (THB4.4B) exceed its long term liabilities (THB772.4M).
Debt to Equity History and Analysis
Debt Level: TQM-R's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: TQM-R's debt to equity ratio has increased from 0% to 46.3% over the past 5 years.
Debt Coverage: TQM-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TQM-R's interest payments on its debt are well covered by EBIT (101.7x coverage).