Powercom Balance Sheet Health
Financial Health criteria checks 4/6
Powercom has a total shareholder equity of NT$608.5M and total debt of NT$411.0M, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are NT$1.5B and NT$891.4M respectively. Powercom's EBIT is NT$40.2M making its interest coverage ratio 2.9. It has cash and short-term investments of NT$251.3M.
Key information
67.5%
Debt to equity ratio
NT$411.00m
Debt
| Interest coverage ratio | 2.9x |
| Cash | NT$251.31m |
| Equity | NT$608.48m |
| Total liabilities | NT$891.43m |
| Total assets | NT$1.50b |
Financial Position Analysis
Short Term Liabilities: 3043's short term assets (NT$792.1M) do not cover its short term liabilities (NT$885.6M).
Long Term Liabilities: 3043's short term assets (NT$792.1M) exceed its long term liabilities (NT$5.9M).
Debt to Equity History and Analysis
Debt Level: 3043's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: 3043's debt to equity ratio has reduced from 1698.5% to 67.5% over the past 5 years.
Debt Coverage: 3043's debt is well covered by operating cash flow (32.3%).
Interest Coverage: 3043's interest payments on its debt are not well covered by EBIT (2.9x coverage).