Redwood Group Balance Sheet Health
Financial Health criteria checks 5/6
Redwood Group has a total shareholder equity of NT$1.2B and total debt of NT$534.5M, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are NT$2.4B and NT$1.2B respectively. Redwood Group's EBIT is NT$381.9M making its interest coverage ratio 21.7. It has cash and short-term investments of NT$384.9M.
Key information
45.4%
Debt to equity ratio
NT$534.55m
Debt
| Interest coverage ratio | 21.7x |
| Cash | NT$384.86m |
| Equity | NT$1.18b |
| Total liabilities | NT$1.20b |
| Total assets | NT$2.38b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8426's short term assets (NT$1.3B) exceed its short term liabilities (NT$722.8M).
Long Term Liabilities: 8426's short term assets (NT$1.3B) exceed its long term liabilities (NT$474.0M).
Debt to Equity History and Analysis
Debt Level: 8426's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 8426's debt to equity ratio has increased from 43.4% to 45.4% over the past 5 years.
Debt Coverage: 8426's debt is well covered by operating cash flow (60%).
Interest Coverage: 8426's interest payments on its debt are well covered by EBIT (21.7x coverage).