Deswell Industries Balance Sheet Health
Financial Health criteria checks 6/6
Deswell Industries has a total shareholder equity of $98.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $120.5M and $21.7M respectively. Deswell Industries's EBIT is $3.4M making its interest coverage ratio -1.6. It has cash and short-term investments of $65.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -1.6x |
| Cash | US$65.76m |
| Equity | US$98.76m |
| Total liabilities | US$21.72m |
| Total assets | US$120.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DW2's short term assets ($96.1M) exceed its short term liabilities ($21.3M).
Long Term Liabilities: DW2's short term assets ($96.1M) exceed its long term liabilities ($454.0K).
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.