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 THB11.5B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are THB44.2B and THB15.8B respectively. Quality Houses's EBIT is THB1.0B making its interest coverage ratio 5.1. It has cash and short-term investments of THB1.5B.
Key information
40.6%
Debt to equity ratio
฿11.54b
Debt
| Interest coverage ratio | 5.1x |
| Cash | ฿1.47b |
| Equity | ฿28.40b |
| Total liabilities | ฿15.85b |
| Total assets | ฿44.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QH-F's short term assets (THB22.4B) exceed its short term liabilities (THB6.9B).
Long Term Liabilities: QH-F's short term assets (THB22.4B) exceed its long term liabilities (THB8.9B).
Debt to Equity History and Analysis
Debt Level: QH-F's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: QH-F's debt to equity ratio has reduced from 82.5% to 40.6% over the past 5 years.
Debt Coverage: QH-F's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: QH-F's interest payments on its debt are well covered by EBIT (5.1x coverage).