NAK Sealing Technologies Balance Sheet Health
Financial Health criteria checks 6/6
NAK Sealing Technologies has a total shareholder equity of NT$4.0B and total debt of NT$79.2M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are NT$5.3B and NT$1.3B respectively. NAK Sealing Technologies's EBIT is NT$1.3B making its interest coverage ratio 2665.5. It has cash and short-term investments of NT$682.6M.
Key information
2.0%
Debt to equity ratio
NT$79.24m
Debt
Interest coverage ratio | 2665.5x |
Cash | NT$682.57m |
Equity | NT$3.96b |
Total liabilities | NT$1.33b |
Total assets | NT$5.29b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9942's short term assets (NT$3.2B) exceed its short term liabilities (NT$859.2M).
Long Term Liabilities: 9942's short term assets (NT$3.2B) exceed its long term liabilities (NT$468.3M).
Debt to Equity History and Analysis
Debt Level: 9942 has more cash than its total debt.
Reducing Debt: 9942's debt to equity ratio has reduced from 3.4% to 2% over the past 5 years.
Debt Coverage: 9942's debt is well covered by operating cash flow (1783.1%).
Interest Coverage: 9942's interest payments on its debt are well covered by EBIT (2665.5x coverage).