Powertech Technology Balance Sheet Health
Financial Health criteria checks 6/6
Powertech Technology has a total shareholder equity of NT$71.3B and total debt of NT$18.2B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are NT$109.2B and NT$37.9B respectively. Powertech Technology's EBIT is NT$8.5B making its interest coverage ratio -99.2. It has cash and short-term investments of NT$20.7B.
Key information
25.6%
Debt to equity ratio
NT$18.23b
Debt
Interest coverage ratio | -99.2x |
Cash | NT$20.67b |
Equity | NT$71.31b |
Total liabilities | NT$37.92b |
Total assets | NT$109.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PWRCT's short term assets (NT$47.6B) exceed its short term liabilities (NT$17.5B).
Long Term Liabilities: PWRCT's short term assets (NT$47.6B) exceed its long term liabilities (NT$20.5B).
Debt to Equity History and Analysis
Debt Level: PWRCT has more cash than its total debt.
Reducing Debt: PWRCT's debt to equity ratio has reduced from 56.2% to 25.6% over the past 5 years.
Debt Coverage: PWRCT's debt is well covered by operating cash flow (129.5%).
Interest Coverage: PWRCT earns more interest than it pays, so coverage of interest payments is not a concern.