Redwood Group Balance Sheet Health
Financial Health criteria checks 4/6
Redwood Group has a total shareholder equity of NT$1.1B and total debt of NT$598.1M, which brings its debt-to-equity ratio to 55.6%. Its total assets and total liabilities are NT$2.3B and NT$1.2B respectively. Redwood Group's EBIT is NT$425.8M making its interest coverage ratio 22.1. It has cash and short-term investments of NT$336.0M.
Key information
55.6%
Debt to equity ratio
NT$598.12m
Debt
Interest coverage ratio | 22.1x |
Cash | NT$335.99m |
Equity | NT$1.08b |
Total liabilities | NT$1.23b |
Total assets | NT$2.31b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8426's short term assets (NT$1.3B) exceed its short term liabilities (NT$742.3M).
Long Term Liabilities: 8426's short term assets (NT$1.3B) exceed its long term liabilities (NT$491.3M).
Debt to Equity History and Analysis
Debt Level: 8426's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: 8426's debt to equity ratio has increased from 32.1% to 55.6% over the past 5 years.
Debt Coverage: 8426's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 8426's interest payments on its debt are well covered by EBIT (22.1x coverage).