Best Precision Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Best Precision Industrial has a total shareholder equity of NT$1.8B and total debt of NT$305.8M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are NT$2.2B and NT$427.5M respectively. Best Precision Industrial's EBIT is NT$96.2M making its interest coverage ratio -3.5. It has cash and short-term investments of NT$1.2B.
Key information
17.1%
Debt to equity ratio
NT$305.76m
Debt
Interest coverage ratio | -3.5x |
Cash | NT$1.17b |
Equity | NT$1.78b |
Total liabilities | NT$427.50m |
Total assets | NT$2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6859's short term assets (NT$1.4B) exceed its short term liabilities (NT$306.7M).
Long Term Liabilities: 6859's short term assets (NT$1.4B) exceed its long term liabilities (NT$120.8M).
Debt to Equity History and Analysis
Debt Level: 6859 has more cash than its total debt.
Reducing Debt: 6859's debt to equity ratio has reduced from 45.2% to 17.1% over the past 5 years.
Debt Coverage: 6859's debt is well covered by operating cash flow (99.1%).
Interest Coverage: 6859 earns more interest than it pays, so coverage of interest payments is not a concern.