Mega Union Technology Balance Sheet Health
Financial Health criteria checks 5/6
Mega Union Technology has a total shareholder equity of NT$3.6B and total debt of NT$511.9M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are NT$8.8B and NT$5.2B respectively. Mega Union Technology's EBIT is NT$1.8B making its interest coverage ratio -107.1. It has cash and short-term investments of NT$3.0B.
Key information
14.2%
Debt to equity ratio
NT$511.95m
Debt
| Interest coverage ratio | -107.1x |
| Cash | NT$2.96b |
| Equity | NT$3.60b |
| Total liabilities | NT$5.17b |
| Total assets | NT$8.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6944's short term assets (NT$7.3B) exceed its short term liabilities (NT$4.7B).
Long Term Liabilities: 6944's short term assets (NT$7.3B) exceed its long term liabilities (NT$496.6M).
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 (298%).
Interest Coverage: 6944 earns more interest than it pays, so coverage of interest payments is not a concern.