Green World Fintech Service Balance Sheet Health
Financial Health criteria checks 6/6
Green World Fintech Service has a total shareholder equity of NT$2.9B and total debt of NT$100.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are NT$6.6B and NT$3.7B respectively. Green World Fintech Service's EBIT is NT$393.6M making its interest coverage ratio -9.5. It has cash and short-term investments of NT$2.4B.
Key information
3.4%
Debt to equity ratio
NT$100.00m
Debt
| Interest coverage ratio | -9.5x |
| Cash | NT$2.42b |
| Equity | NT$2.90b |
| Total liabilities | NT$3.69b |
| Total assets | NT$6.59b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6763's short term assets (NT$4.9B) exceed its short term liabilities (NT$3.6B).
Long Term Liabilities: 6763's short term assets (NT$4.9B) exceed its long term liabilities (NT$71.6M).
Debt to Equity History and Analysis
Debt Level: 6763 has more cash than its total debt.
Reducing Debt: 6763's debt to equity ratio has reduced from 38.3% to 3.4% over the past 5 years.
Debt Coverage: 6763's debt is well covered by operating cash flow (515.1%).
Interest Coverage: 6763 earns more interest than it pays, so coverage of interest payments is not a concern.