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$1.1B and total debt of NT$411.0M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are NT$1.8B and NT$704.1M respectively. C.T.I. Traffic Industries's EBIT is NT$299.7M making its interest coverage ratio -51.2. It has cash and short-term investments of NT$626.0M.
Key information
37.0%
Debt to equity ratio
NT$410.96m
Debt
| Interest coverage ratio | -51.2x |
| Cash | NT$626.03m |
| Equity | NT$1.11b |
| Total liabilities | NT$704.15m |
| Total assets | NT$1.82b |
Financial Position Analysis
Short Term Liabilities: 2230's short term assets (NT$1.3B) exceed its short term liabilities (NT$392.9M).
Long Term Liabilities: 2230's short term assets (NT$1.3B) exceed its long term liabilities (NT$311.2M).
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 52.2% to 37% over the past 5 years.
Debt Coverage: 2230's debt is well covered by operating cash flow (42.7%).
Interest Coverage: 2230 earns more interest than it pays, so coverage of interest payments is not a concern.