Axman Enterprise Balance Sheet Health
Financial Health criteria checks 6/6
Axman Enterprise has a total shareholder equity of NT$1.3B and total debt of NT$412.2M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are NT$2.2B and NT$937.8M respectively. Axman Enterprise's EBIT is NT$21.7M making its interest coverage ratio -111.1. It has cash and short-term investments of NT$522.2M.
Key information
31.6%
Debt to equity ratio
NT$412.25m
Debt
| Interest coverage ratio | -111.1x |
| Cash | NT$522.20m |
| Equity | NT$1.31b |
| Total liabilities | NT$937.81m |
| Total assets | NT$2.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6804's short term assets (NT$1.4B) exceed its short term liabilities (NT$555.2M).
Long Term Liabilities: 6804's short term assets (NT$1.4B) exceed its long term liabilities (NT$382.6M).
Debt to Equity History and Analysis
Debt Level: 6804 has more cash than its total debt.
Reducing Debt: 6804's debt to equity ratio has reduced from 123.6% to 31.6% over the past 5 years.
Debt Coverage: 6804's debt is well covered by operating cash flow (38.9%).
Interest Coverage: 6804 earns more interest than it pays, so coverage of interest payments is not a concern.