Techzone Technology Materials Balance Sheet Health
Financial Health criteria checks 3/6
Techzone Technology Materials has a total shareholder equity of NT$1.6B and total debt of NT$939.1M, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are NT$2.9B and NT$1.3B respectively. Techzone Technology Materials's EBIT is NT$216.8M making its interest coverage ratio 28. It has cash and short-term investments of NT$80.3M.
Key information
59.8%
Debt to equity ratio
NT$939.11m
Debt
| Interest coverage ratio | 28x |
| Cash | NT$80.27m |
| Equity | NT$1.57b |
| Total liabilities | NT$1.29b |
| Total assets | NT$2.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6947's short term assets (NT$223.7M) do not cover its short term liabilities (NT$1.1B).
Long Term Liabilities: 6947's short term assets (NT$223.7M) exceed its long term liabilities (NT$176.9M).
Debt to Equity History and Analysis
Debt Level: 6947's net debt to equity ratio (54.7%) 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 well covered by operating cash flow (24.1%).
Interest Coverage: 6947's interest payments on its debt are well covered by EBIT (28x coverage).