Green World Fintech Service Balance Sheet Health
Financial Health criteria checks 6/6
Green World Fintech Service has a total shareholder equity of NT$2.8B and total debt of NT$100.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are NT$6.7B and NT$3.9B respectively. Green World Fintech Service's EBIT is NT$419.6M making its interest coverage ratio -9.3. It has cash and short-term investments of NT$1.2B.
Key information
3.5%
Debt to equity ratio
NT$100.00m
Debt
Interest coverage ratio | -9.3x |
Cash | NT$1.15b |
Equity | NT$2.82b |
Total liabilities | NT$3.89b |
Total assets | NT$6.71b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6763's short term assets (NT$5.0B) exceed its short term liabilities (NT$3.8B).
Long Term Liabilities: 6763's short term assets (NT$5.0B) exceed its long term liabilities (NT$65.2M).
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 63.7% to 3.5% over the past 5 years.
Debt Coverage: 6763's debt is well covered by operating cash flow (579.2%).
Interest Coverage: 6763 earns more interest than it pays, so coverage of interest payments is not a concern.