Earth Tech Environment Balance Sheet Health
Financial Health criteria checks 4/6
Earth Tech Environment has a total shareholder equity of THB3.0B and total debt of THB1.5B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are THB4.7B and THB1.7B respectively. Earth Tech Environment's EBIT is THB185.8M making its interest coverage ratio 1.6. It has cash and short-term investments of THB1.6B.
Key information
50.0%
Debt to equity ratio
฿1.51b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ฿1.63b |
| Equity | ฿3.02b |
| Total liabilities | ฿1.67b |
| Total assets | ฿4.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETC-R's short term assets (THB2.0B) exceed its short term liabilities (THB792.0M).
Long Term Liabilities: ETC-R's short term assets (THB2.0B) exceed its long term liabilities (THB874.7M).
Debt to Equity History and Analysis
Debt Level: ETC-R has more cash than its total debt.
Reducing Debt: ETC-R's debt to equity ratio has reduced from 173% to 50% over the past 5 years.
Debt Coverage: ETC-R's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: ETC-R's interest payments on its debt are not well covered by EBIT (1.6x coverage).