Taiwan Numerical Powers Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Numerical Powers has a total shareholder equity of NT$685.3M and total debt of NT$139.3M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are NT$958.4M and NT$273.0M respectively. Taiwan Numerical Powers's EBIT is NT$24.1M making its interest coverage ratio 6.6. It has cash and short-term investments of NT$155.4M.
Key information
20.3%
Debt to equity ratio
NT$139.30m
Debt
| Interest coverage ratio | 6.6x |
| Cash | NT$155.38m |
| Equity | NT$685.34m |
| Total liabilities | NT$273.03m |
| Total assets | NT$958.37m |
Financial Position Analysis
Short Term Liabilities: 6593's short term assets (NT$424.2M) exceed its short term liabilities (NT$96.2M).
Long Term Liabilities: 6593's short term assets (NT$424.2M) exceed its long term liabilities (NT$176.8M).
Debt to Equity History and Analysis
Debt Level: 6593 has more cash than its total debt.
Reducing Debt: 6593's debt to equity ratio has reduced from 26.8% to 20.3% over the past 5 years.
Debt Coverage: 6593's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 6593's interest payments on its debt are well covered by EBIT (6.6x coverage).