Parade Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Parade Technologies has a total shareholder equity of NT$18.9B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$22.1B and NT$3.3B respectively. Parade Technologies's EBIT is NT$2.3B making its interest coverage ratio -15.3. It has cash and short-term investments of NT$7.0B.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -15.3x |
Cash | NT$7.01b |
Equity | NT$18.87b |
Total liabilities | NT$3.25b |
Total assets | NT$22.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2L3's short term assets (NT$13.3B) exceed its short term liabilities (NT$3.2B).
Long Term Liabilities: 2L3's short term assets (NT$13.3B) exceed its long term liabilities (NT$66.1M).
Debt to Equity History and Analysis
Debt Level: 2L3 is debt free.
Reducing Debt: 2L3 has not had any debt for past 5 years.
Debt Coverage: 2L3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2L3 has no debt, therefore coverage of interest payments is not a concern.