Proxene Tools Balance Sheet Health
Financial Health criteria checks 5/6
Proxene Tools has a total shareholder equity of NT$989.6M and total debt of NT$306.4M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are NT$1.6B and NT$613.8M respectively. Proxene Tools's EBIT is NT$238.8M making its interest coverage ratio 91.2. It has cash and short-term investments of NT$435.4M.
Key information
31.0%
Debt to equity ratio
NT$306.43m
Debt
| Interest coverage ratio | 91.2x |
| Cash | NT$435.43m |
| Equity | NT$989.62m |
| Total liabilities | NT$613.83m |
| Total assets | NT$1.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6904's short term assets (NT$783.0M) exceed its short term liabilities (NT$376.6M).
Long Term Liabilities: 6904's short term assets (NT$783.0M) exceed its long term liabilities (NT$237.2M).
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 (88.8%).
Interest Coverage: 6904's interest payments on its debt are well covered by EBIT (91.2x coverage).