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 ratio | 1.4x |
| 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).