Wiselink Balance Sheet Health
Financial Health criteria checks 5/6
Wiselink has a total shareholder equity of NT$1.0B and total debt of NT$519.0M, which brings its debt-to-equity ratio to 51.9%. Its total assets and total liabilities are NT$1.7B and NT$739.7M respectively. Wiselink's EBIT is NT$169.1M making its interest coverage ratio 17.8. It has cash and short-term investments of NT$345.8M.
Key information
51.9%
Debt to equity ratio
NT$519.00m
Debt
Interest coverage ratio | 17.8x |
Cash | NT$345.76m |
Equity | NT$1.00b |
Total liabilities | NT$739.66m |
Total assets | NT$1.74b |
Financial Position Analysis
Short Term Liabilities: 8932's short term assets (NT$770.4M) exceed its short term liabilities (NT$539.1M).
Long Term Liabilities: 8932's short term assets (NT$770.4M) exceed its long term liabilities (NT$200.5M).
Debt to Equity History and Analysis
Debt Level: 8932's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 8932's debt to equity ratio has reduced from 54.1% to 51.9% over the past 5 years.
Debt Coverage: 8932's debt is not well covered by operating cash flow (14%).
Interest Coverage: 8932's interest payments on its debt are well covered by EBIT (17.8x coverage).