Phihong Technology Balance Sheet Health
Financial Health criteria checks 6/6
Phihong Technology has a total shareholder equity of NT$9.4B and total debt of NT$1.9B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are NT$15.6B and NT$6.2B respectively. Phihong Technology's EBIT is NT$354.7M making its interest coverage ratio -116.5. It has cash and short-term investments of NT$6.1B.
Key information
19.9%
Debt to equity ratio
NT$1.87b
Debt
| Interest coverage ratio | -116.5x |
| Cash | NT$6.09b |
| Equity | NT$9.40b |
| Total liabilities | NT$6.18b |
| Total assets | NT$15.58b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2457's short term assets (NT$10.8B) exceed its short term liabilities (NT$5.2B).
Long Term Liabilities: 2457's short term assets (NT$10.8B) exceed its long term liabilities (NT$986.4M).
Debt to Equity History and Analysis
Debt Level: 2457 has more cash than its total debt.
Reducing Debt: 2457's debt to equity ratio has reduced from 23.3% to 19.9% over the past 5 years.
Debt Coverage: 2457's debt is well covered by operating cash flow (119.3%).
Interest Coverage: 2457 earns more interest than it pays, so coverage of interest payments is not a concern.