Wieson Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Wieson Technologies has a total shareholder equity of NT$1.2B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 102.2%. Its total assets and total liabilities are NT$3.4B and NT$2.2B respectively. Wieson Technologies's EBIT is NT$164.0M making its interest coverage ratio 7.8. It has cash and short-term investments of NT$378.9M.
Key information
102.2%
Debt to equity ratio
NT$1.25b
Debt
| Interest coverage ratio | 7.8x |
| Cash | NT$378.88m |
| Equity | NT$1.22b |
| Total liabilities | NT$2.15b |
| Total assets | NT$3.37b |
Financial Position Analysis
Short Term Liabilities: 6272's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 6272's short term assets (NT$2.0B) exceed its long term liabilities (NT$778.1M).
Debt to Equity History and Analysis
Debt Level: 6272's net debt to equity ratio (71.1%) is considered high.
Reducing Debt: 6272's debt to equity ratio has increased from 92.5% to 102.2% over the past 5 years.
Debt Coverage: 6272's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 6272's interest payments on its debt are well covered by EBIT (7.8x coverage).