Hotai Finance Balance Sheet Health
Financial Health criteria checks 3/6
Hotai Finance has a total shareholder equity of NT$40.0B and total debt of NT$260.0B, which brings its debt-to-equity ratio to 650%. Its total assets and total liabilities are NT$312.1B and NT$272.1B respectively.
Key information
650.0%
Debt to equity ratio
NT$259.96b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$3.45b |
| Equity | NT$39.99b |
| Total liabilities | NT$272.14b |
| Total assets | NT$312.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6592's short term assets (NT$297.7B) exceed its short term liabilities (NT$270.1B).
Long Term Liabilities: 6592's short term assets (NT$297.7B) exceed its long term liabilities (NT$2.0B).
Debt to Equity History and Analysis
Debt Level: 6592's net debt to equity ratio (641.4%) is considered high.
Reducing Debt: 6592's debt to equity ratio has reduced from 874.4% to 650% over the past 5 years.
Debt Coverage: 6592's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6592's interest payments on its debt are well covered by EBIT.