Zippy Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zippy Technology has a total shareholder equity of NT$3.7B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are NT$5.4B and NT$1.7B respectively. Zippy Technology's EBIT is NT$535.3M making its interest coverage ratio 132.7. It has cash and short-term investments of NT$1.0B.
Key information
30.4%
Debt to equity ratio
NT$1.12b
Debt
| Interest coverage ratio | 132.7x |
| Cash | NT$1.05b |
| Equity | NT$3.69b |
| Total liabilities | NT$1.69b |
| Total assets | NT$5.38b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of Zippy Technology Corp. (TPE:2420)
Mar 23
The 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$2.0B) exceed its short term liabilities (NT$585.5M).
Long Term Liabilities: 2420's short term assets (NT$2.0B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 2420's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 2420's debt to equity ratio has reduced from 53% to 30.4% over the past 5 years.
Debt Coverage: 2420's debt is well covered by operating cash flow (75.6%).
Interest Coverage: 2420's interest payments on its debt are well covered by EBIT (132.7x coverage).