Techzone Technology Materials Balance Sheet Health
Financial Health criteria checks 1/6
Techzone Technology Materials has a total shareholder equity of NT$2.2B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 124.7%. Its total assets and total liabilities are NT$5.6B and NT$3.5B respectively. Techzone Technology Materials's EBIT is NT$217.8M making its interest coverage ratio 11.1. It has cash and short-term investments of NT$478.6M.
Key information
124.7%
Debt to equity ratio
NT$2.69b
Debt
| Interest coverage ratio | 11.1x |
| Cash | NT$478.58m |
| Equity | NT$2.16b |
| Total liabilities | NT$3.47b |
| Total assets | NT$5.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6947's short term assets (NT$747.8M) do not cover its short term liabilities (NT$1.3B).
Long Term Liabilities: 6947's short term assets (NT$747.8M) do not cover its long term liabilities (NT$2.1B).
Debt to Equity History and Analysis
Debt Level: 6947's net debt to equity ratio (102.6%) is considered high.
Reducing Debt: Insufficient data to determine if 6947's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6947's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: 6947's interest payments on its debt are well covered by EBIT (11.1x coverage).