Wieson Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Wieson Technologies has a total shareholder equity of NT$1.1B and total debt of NT$922.0M, which brings its debt-to-equity ratio to 86.6%. Its total assets and total liabilities are NT$2.8B and NT$1.7B respectively. Wieson Technologies's EBIT is NT$49.2M making its interest coverage ratio 2.3. It has cash and short-term investments of NT$101.0M.
Key information
86.6%
Debt to equity ratio
NT$922.00m
Debt
Interest coverage ratio | 2.3x |
Cash | NT$100.95m |
Equity | NT$1.06b |
Total liabilities | NT$1.72b |
Total assets | NT$2.79b |
Financial Position Analysis
Short Term Liabilities: 6272's short term assets (NT$1.5B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 6272's short term assets (NT$1.5B) exceed its long term liabilities (NT$507.3M).
Debt to Equity History and Analysis
Debt Level: 6272's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: 6272's debt to equity ratio has reduced from 88.2% to 86.6% over the past 5 years.
Debt Coverage: 6272's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: 6272's interest payments on its debt are not well covered by EBIT (2.3x coverage).