Taiwan Numerical Powers Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Numerical Powers has a total shareholder equity of NT$705.0M and total debt of NT$137.0M, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are NT$1.0B and NT$304.6M respectively. Taiwan Numerical Powers's EBIT is NT$61.7M making its interest coverage ratio 11.2. It has cash and short-term investments of NT$181.1M.
Key information
19.4%
Debt to equity ratio
NT$136.98m
Debt
| Interest coverage ratio | 11.2x |
| Cash | NT$181.08m |
| Equity | NT$705.04m |
| Total liabilities | NT$304.58m |
| Total assets | NT$1.01b |
Financial Position Analysis
Short Term Liabilities: 6593's short term assets (NT$475.2M) exceed its short term liabilities (NT$126.5M).
Long Term Liabilities: 6593's short term assets (NT$475.2M) exceed its long term liabilities (NT$178.1M).
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 24.4% to 19.4% over the past 5 years.
Debt Coverage: 6593's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 6593's interest payments on its debt are well covered by EBIT (11.2x coverage).