Spec Products Balance Sheet Health
Financial Health criteria checks 5/6
Spec Products has a total shareholder equity of NT$1.2B and total debt of NT$515.5M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are NT$2.0B and NT$799.1M respectively. Spec Products's EBIT is NT$229.1M making its interest coverage ratio -20.4. It has cash and short-term investments of NT$506.0M.
Key information
43.3%
Debt to equity ratio
NT$515.46m
Debt
Interest coverage ratio | -20.4x |
Cash | NT$506.01m |
Equity | NT$1.19b |
Total liabilities | NT$799.11m |
Total assets | NT$1.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7718's short term assets (NT$1.3B) exceed its short term liabilities (NT$630.8M).
Long Term Liabilities: 7718's short term assets (NT$1.3B) exceed its long term liabilities (NT$168.3M).
Debt to Equity History and Analysis
Debt Level: 7718's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7718's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7718's debt is well covered by operating cash flow (63.9%).
Interest Coverage: 7718 earns more interest than it pays, so coverage of interest payments is not a concern.