Phonic Balance Sheet Health
Financial Health criteria checks 5/6
Phonic has a total shareholder equity of NT$268.4M and total debt of NT$28.7M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are NT$383.8M and NT$115.4M respectively. Phonic's EBIT is NT$26.1M making its interest coverage ratio -12.1. It has cash and short-term investments of NT$164.2M.
Key information
10.7%
Debt to equity ratio
NT$28.70m
Debt
Interest coverage ratio | -12.1x |
Cash | NT$164.19m |
Equity | NT$268.37m |
Total liabilities | NT$115.42m |
Total assets | NT$383.79m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3067's short term assets (NT$195.8M) exceed its short term liabilities (NT$83.9M).
Long Term Liabilities: 3067's short term assets (NT$195.8M) exceed its long term liabilities (NT$31.5M).
Debt to Equity History and Analysis
Debt Level: 3067 has more cash than its total debt.
Reducing Debt: 3067's debt to equity ratio has increased from 0% to 10.7% over the past 5 years.
Debt Coverage: 3067's debt is well covered by operating cash flow (51.1%).
Interest Coverage: 3067 earns more interest than it pays, so coverage of interest payments is not a concern.