TQM Alpha Balance Sheet Health
Financial Health criteria checks 5/6
TQM Alpha has a total shareholder equity of THB3.3B and total debt of THB819.8M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are THB5.5B and THB2.2B respectively. TQM Alpha's EBIT is THB1.1B making its interest coverage ratio -97.8. It has cash and short-term investments of THB1.3B.
Key information
25.0%
Debt to equity ratio
฿819.80m
Debt
Interest coverage ratio | -97.8x |
Cash | ฿1.34b |
Equity | ฿3.27b |
Total liabilities | ฿2.19b |
Total assets | ฿5.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TQM's short term assets (THB3.3B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: TQM's short term assets (THB3.3B) exceed its long term liabilities (THB844.4M).
Debt to Equity History and Analysis
Debt Level: TQM has more cash than its total debt.
Reducing Debt: TQM's debt to equity ratio has increased from 0% to 25% over the past 5 years.
Debt Coverage: TQM's debt is well covered by operating cash flow (94.8%).
Interest Coverage: TQM earns more interest than it pays, so coverage of interest payments is not a concern.