Syntec Technology Balance Sheet Health
Financial Health criteria checks 5/6
Syntec Technology has a total shareholder equity of NT$3.1B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are NT$7.3B and NT$4.2B respectively. Syntec Technology's EBIT is NT$792.7M making its interest coverage ratio 32.5. It has cash and short-term investments of NT$982.3M.
Key information
32.5%
Debt to equity ratio
NT$1.01b
Debt
Interest coverage ratio | 32.5x |
Cash | NT$982.26m |
Equity | NT$3.11b |
Total liabilities | NT$4.22b |
Total assets | NT$7.32b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 7750's short term assets (NT$5.7B) exceed its short term liabilities (NT$3.2B).
Long Term Liabilities: 7750's short term assets (NT$5.7B) exceed its long term liabilities (NT$1.0B).
Debt to Equity History and Analysis
Debt Level: 7750's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7750's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7750's debt is well covered by operating cash flow (116.3%).
Interest Coverage: 7750's interest payments on its debt are well covered by EBIT (32.5x coverage).