Powerwin Tech Group Balance Sheet Health
Financial Health criteria checks 3/6
Powerwin Tech Group has a total shareholder equity of $29.5M and total debt of $61.0M, which brings its debt-to-equity ratio to 206.7%. Its total assets and total liabilities are $225.2M and $195.7M respectively. Powerwin Tech Group's EBIT is $12.5M making its interest coverage ratio 3. It has cash and short-term investments of $21.8M.
Key information
206.7%
Debt to equity ratio
US$61.02m
Debt
Interest coverage ratio | 3x |
Cash | US$21.81m |
Equity | US$29.52m |
Total liabilities | US$195.72m |
Total assets | US$225.24m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2405's short term assets ($219.4M) exceed its short term liabilities ($194.7M).
Long Term Liabilities: 2405's short term assets ($219.4M) exceed its long term liabilities ($1.0M).
Debt to Equity History and Analysis
Debt Level: 2405's net debt to equity ratio (132.8%) is considered high.
Reducing Debt: Insufficient data to determine if 2405's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2405's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2405's interest payments on its debt are well covered by EBIT (3x coverage).