C.T.I. Traffic Industries Balance Sheet Health
Financial Health criteria checks 6/6
C.T.I. Traffic Industries has a total shareholder equity of NT$899.8M and total debt of NT$416.6M, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are NT$1.5B and NT$561.6M respectively. C.T.I. Traffic Industries's EBIT is NT$129.2M making its interest coverage ratio -32.1. It has cash and short-term investments of NT$449.2M.
Key information
46.3%
Debt to equity ratio
NT$416.58m
Debt
| Interest coverage ratio | -32.1x |
| Cash | NT$449.16m |
| Equity | NT$899.84m |
| Total liabilities | NT$561.61m |
| Total assets | NT$1.46b |
Financial Position Analysis
Short Term Liabilities: 2230's short term assets (NT$964.2M) exceed its short term liabilities (NT$213.7M).
Long Term Liabilities: 2230's short term assets (NT$964.2M) exceed its long term liabilities (NT$347.9M).
Debt to Equity History and Analysis
Debt Level: 2230 has more cash than its total debt.
Reducing Debt: 2230's debt to equity ratio has reduced from 78.3% to 46.3% over the past 5 years.
Debt Coverage: 2230's debt is well covered by operating cash flow (22.5%).
Interest Coverage: 2230 earns more interest than it pays, so coverage of interest payments is not a concern.