TECO Electro Devices Balance Sheet Health
Financial Health criteria checks 6/6
TECO Electro Devices has a total shareholder equity of NT$346.9M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$599.6M and NT$252.7M respectively. TECO Electro Devices's EBIT is NT$8.4M making its interest coverage ratio -1.2. It has cash and short-term investments of NT$315.9M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -1.2x |
| Cash | NT$315.93m |
| Equity | NT$346.87m |
| Total liabilities | NT$252.71m |
| Total assets | NT$599.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8041's short term assets (NT$503.4M) exceed its short term liabilities (NT$191.1M).
Long Term Liabilities: 8041's short term assets (NT$503.4M) exceed its long term liabilities (NT$61.6M).
Debt to Equity History and Analysis
Debt Level: 8041 is debt free.
Reducing Debt: 8041 had no debt 5 years ago.
Debt Coverage: 8041 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8041 has no debt, therefore coverage of interest payments is not a concern.