Zippy Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zippy Technology has a total shareholder equity of NT$3.8B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are NT$5.5B and NT$1.7B respectively. Zippy Technology's EBIT is NT$627.1M making its interest coverage ratio -60.4. It has cash and short-term investments of NT$1.1B.
Key information
28.6%
Debt to equity ratio
NT$1.08b
Debt
| Interest coverage ratio | -60.4x |
| Cash | NT$1.14b |
| Equity | NT$3.79b |
| Total liabilities | NT$1.69b |
| Total assets | NT$5.48b |
Recent financial health updates
Recent updates
Zippy Technology Corp. (TWSE:2420) Stock Catapults 27% Though Its Price And Business Still Lag The Market
May 24
A Look At The Fair Value Of Zippy Technology Corp. (TPE:2420)
Mar 23The Trends At Zippy Technology (TPE:2420) That You Should Know About
Mar 08Investors In Zippy Technology Corp. (TPE:2420) Should Consider This, First
Feb 15Here's Why Zippy Technology (TPE:2420) Can Manage Its Debt Responsibly
Jan 29
Do Fundamentals Have Any Role To Play In Driving Zippy Technology Corp.'s (TPE:2420) Stock Up Recently?
Jan 11Shareholders Of Zippy Technology (TPE:2420) Have Received 9.3% On Their Investment
Dec 23Should You Be Impressed By Zippy Technology's (TPE:2420) Returns on Capital?
Dec 05Financial Position Analysis
Short Term Liabilities: 2420's short term assets (NT$2.1B) exceed its short term liabilities (NT$629.2M).
Long Term Liabilities: 2420's short term assets (NT$2.1B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 2420 has more cash than its total debt.
Reducing Debt: 2420's debt to equity ratio has reduced from 67% to 28.6% over the past 5 years.
Debt Coverage: 2420's debt is well covered by operating cash flow (83.1%).
Interest Coverage: 2420 earns more interest than it pays, so coverage of interest payments is not a concern.