Earth Tech Environment Public Company Limited

SET:ETC Stock Report

Market Cap: ฿5.0b

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 51.5%. Its total assets and total liabilities are THB4.7B and THB1.7B respectively. Earth Tech Environment's EBIT is THB171.4M making its interest coverage ratio 1.4. It has cash and short-term investments of THB1.8B.

Key information

51.5%

Debt to equity ratio

฿1.54b

Debt

Interest coverage ratio1.4x
Cash฿1.77b
Equity฿2.99b
Total liabilities฿1.70b
Total assets฿4.69b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ETC's short term assets (THB2.0B) exceed its short term liabilities (THB794.5M).

Long Term Liabilities: ETC's short term assets (THB2.0B) exceed its long term liabilities (THB906.5M).


Debt to Equity History and Analysis

Debt Level: ETC has more cash than its total debt.

Reducing Debt: ETC's debt to equity ratio has reduced from 163.6% to 51.5% over the past 5 years.

Debt Coverage: ETC's debt is not well covered by operating cash flow (5.8%).

Interest Coverage: ETC's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Discover healthy companies