Argo Yachts DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Argo Yachts DevelopmentLtd has a total shareholder equity of NT$2.6B and total debt of NT$197.2M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are NT$4.8B and NT$2.2B respectively.
Key information
7.6%
Debt to equity ratio
NT$197.19m
Debt
Interest coverage ratio | n/a |
Cash | NT$888.37m |
Equity | NT$2.59b |
Total liabilities | NT$2.23b |
Total assets | NT$4.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7566's short term assets (NT$1.1B) exceed its short term liabilities (NT$355.4M).
Long Term Liabilities: 7566's short term assets (NT$1.1B) do not cover its long term liabilities (NT$1.9B).
Debt to Equity History and Analysis
Debt Level: 7566 has more cash than its total debt.
Reducing Debt: 7566's debt to equity ratio has reduced from 37.1% to 7.6% over the past 5 years.
Debt Coverage: 7566's debt is well covered by operating cash flow (127.4%).
Interest Coverage: Insufficient data to determine if 7566's interest payments on its debt are well covered by EBIT.