Magnate Technology Balance Sheet Health
Financial Health criteria checks 2/6
Magnate Technology has a total shareholder equity of NT$1.5B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 107.8%. Its total assets and total liabilities are NT$3.9B and NT$2.3B respectively.
Key information
107.8%
Debt to equity ratio
NT$1.64b
Debt
Interest coverage ratio | n/a |
Cash | NT$402.94m |
Equity | NT$1.52b |
Total liabilities | NT$2.33b |
Total assets | NT$3.86b |
Financial Position Analysis
Short Term Liabilities: 4541's short term assets (NT$1.7B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 4541's short term assets (NT$1.7B) exceed its long term liabilities (NT$682.9M).
Debt to Equity History and Analysis
Debt Level: 4541's net debt to equity ratio (81.4%) is considered high.
Reducing Debt: 4541's debt to equity ratio has increased from 75.5% to 107.8% over the past 5 years.
Debt Coverage: 4541's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: Insufficient data to determine if 4541's interest payments on its debt are well covered by EBIT.