Proxene Tools Balance Sheet Health
Financial Health criteria checks 5/6
Proxene Tools has a total shareholder equity of NT$1.0B and total debt of NT$369.2M, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are NT$1.6B and NT$541.9M respectively. Proxene Tools's EBIT is NT$228.6M making its interest coverage ratio 54.7. It has cash and short-term investments of NT$377.7M.
Key information
36.2%
Debt to equity ratio
NT$369.18m
Debt
Interest coverage ratio | 54.7x |
Cash | NT$377.70m |
Equity | NT$1.02b |
Total liabilities | NT$541.85m |
Total assets | NT$1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6904's short term assets (NT$741.7M) exceed its short term liabilities (NT$299.9M).
Long Term Liabilities: 6904's short term assets (NT$741.7M) exceed its long term liabilities (NT$241.9M).
Debt to Equity History and Analysis
Debt Level: 6904 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6904's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6904's debt is well covered by operating cash flow (63.9%).
Interest Coverage: 6904's interest payments on its debt are well covered by EBIT (54.7x coverage).