Quality Houses Balance Sheet Health
Financial Health criteria checks 5/6
Quality Houses has a total shareholder equity of THB28.9B and total debt of THB11.0B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are THB44.3B and THB15.4B respectively. Quality Houses's EBIT is THB983.9M making its interest coverage ratio 4.6. It has cash and short-term investments of THB1.2B.
Key information
38.0%
Debt to equity ratio
฿10.98b
Debt
| Interest coverage ratio | 4.6x |
| Cash | ฿1.23b |
| Equity | ฿28.90b |
| Total liabilities | ฿15.39b |
| Total assets | ฿44.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QH-R's short term assets (THB21.2B) exceed its short term liabilities (THB6.3B).
Long Term Liabilities: QH-R's short term assets (THB21.2B) exceed its long term liabilities (THB9.1B).
Debt to Equity History and Analysis
Debt Level: QH-R's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: QH-R's debt to equity ratio has reduced from 79% to 38% over the past 5 years.
Debt Coverage: QH-R's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: QH-R's interest payments on its debt are well covered by EBIT (4.6x coverage).