Mega Union Technology Balance Sheet Health
Financial Health criteria checks 5/6
Mega Union Technology has a total shareholder equity of NT$2.7B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are NT$7.1B and NT$4.4B respectively. Mega Union Technology's EBIT is NT$962.8M making its interest coverage ratio 21.1. It has cash and short-term investments of NT$2.2B.
Key information
38.8%
Debt to equity ratio
NT$1.05b
Debt
Interest coverage ratio | 21.1x |
Cash | NT$2.22b |
Equity | NT$2.70b |
Total liabilities | NT$4.41b |
Total assets | NT$7.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6944's short term assets (NT$5.7B) exceed its short term liabilities (NT$3.9B).
Long Term Liabilities: 6944's short term assets (NT$5.7B) exceed its long term liabilities (NT$540.1M).
Debt to Equity History and Analysis
Debt Level: 6944 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6944's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6944's debt is well covered by operating cash flow (254.1%).
Interest Coverage: 6944's interest payments on its debt are well covered by EBIT (21.1x coverage).