Eclatorq Technology Balance Sheet Health
Financial Health criteria checks 5/6
Eclatorq Technology has a total shareholder equity of NT$730.0M and total debt of NT$194.7M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are NT$1.1B and NT$320.7M respectively. Eclatorq Technology's EBIT is NT$147.3M making its interest coverage ratio -6.8. It has cash and short-term investments of NT$316.6M.
Key information
26.7%
Debt to equity ratio
NT$194.70m
Debt
Interest coverage ratio | -6.8x |
Cash | NT$316.60m |
Equity | NT$730.04m |
Total liabilities | NT$320.72m |
Total assets | NT$1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6855's short term assets (NT$961.5M) exceed its short term liabilities (NT$319.4M).
Long Term Liabilities: 6855's short term assets (NT$961.5M) exceed its long term liabilities (NT$1.3M).
Debt to Equity History and Analysis
Debt Level: 6855 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6855's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6855's debt is well covered by operating cash flow (94.1%).
Interest Coverage: 6855 earns more interest than it pays, so coverage of interest payments is not a concern.