Quality Houses Balance Sheet Health
Financial Health criteria checks 5/6
Quality Houses has a total shareholder equity of THB28.4B and total debt of THB11.0B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are THB43.4B and THB15.1B respectively. Quality Houses's EBIT is THB1.2B making its interest coverage ratio 5.6. It has cash and short-term investments of THB1.3B.
Key information
38.7%
Debt to equity ratio
฿10.99b
Debt
Interest coverage ratio | 5.6x |
Cash | ฿1.35b |
Equity | ฿28.37b |
Total liabilities | ฿15.07b |
Total assets | ฿43.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QH's short term assets (THB21.9B) exceed its short term liabilities (THB8.8B).
Long Term Liabilities: QH's short term assets (THB21.9B) exceed its long term liabilities (THB6.3B).
Debt to Equity History and Analysis
Debt Level: QH's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: QH's debt to equity ratio has reduced from 87.5% to 38.7% over the past 5 years.
Debt Coverage: QH's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: QH's interest payments on its debt are well covered by EBIT (5.6x coverage).