Deswell Industries Balance Sheet Health
Financial Health criteria checks 6/6
Deswell Industries has a total shareholder equity of $91.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $111.6M and $20.0M respectively. Deswell Industries's EBIT is $3.4M making its interest coverage ratio -2.5. It has cash and short-term investments of $50.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -2.5x |
Cash | US$50.57m |
Equity | US$91.61m |
Total liabilities | US$20.00m |
Total assets | US$111.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DW2's short term assets ($83.3M) exceed its short term liabilities ($19.6M).
Long Term Liabilities: DW2's short term assets ($83.3M) exceed its long term liabilities ($447.0K).
Debt to Equity History and Analysis
Debt Level: DW2 is debt free.
Reducing Debt: DW2 has not had any debt for past 5 years.
Debt Coverage: DW2 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DW2 has no debt, therefore coverage of interest payments is not a concern.