Redwood Group Balance Sheet Health
Financial Health criteria checks 5/6
Redwood Group has a total shareholder equity of NT$1.0B and total debt of NT$532.9M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are NT$2.4B and NT$1.4B respectively. Redwood Group's EBIT is NT$379.2M making its interest coverage ratio 21.2. It has cash and short-term investments of NT$441.3M.
Key information
50.8%
Debt to equity ratio
NT$532.87m
Debt
| Interest coverage ratio | 21.2x |
| Cash | NT$441.33m |
| Equity | NT$1.05b |
| Total liabilities | NT$1.37b |
| Total assets | NT$2.42b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8426's short term assets (NT$1.4B) exceed its short term liabilities (NT$912.7M).
Long Term Liabilities: 8426's short term assets (NT$1.4B) exceed its long term liabilities (NT$460.6M).
Debt to Equity History and Analysis
Debt Level: 8426's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: 8426's debt to equity ratio has increased from 36.1% to 50.8% over the past 5 years.
Debt Coverage: 8426's debt is well covered by operating cash flow (67.7%).
Interest Coverage: 8426's interest payments on its debt are well covered by EBIT (21.2x coverage).