Quaser Machine Tools Balance Sheet Health
Financial Health criteria checks 3/6
Quaser Machine Tools has a total shareholder equity of NT$1.4B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 106%. Its total assets and total liabilities are NT$3.8B and NT$2.4B respectively. Quaser Machine Tools's EBIT is NT$209.1M making its interest coverage ratio 8.1. It has cash and short-term investments of NT$838.4M.
Key information
106.0%
Debt to equity ratio
NT$1.51b
Debt
Interest coverage ratio | 8.1x |
Cash | NT$838.42m |
Equity | NT$1.42b |
Total liabilities | NT$2.41b |
Total assets | NT$3.83b |
Financial Position Analysis
Short Term Liabilities: 4563's short term assets (NT$2.7B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 4563's short term assets (NT$2.7B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 4563's net debt to equity ratio (47%) is considered high.
Reducing Debt: 4563's debt to equity ratio has increased from 42.3% to 106% over the past 5 years.
Debt Coverage: 4563's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 4563's interest payments on its debt are well covered by EBIT (8.1x coverage).