Hotai Finance Balance Sheet Health
Financial Health criteria checks 3/6
Hotai Finance has a total shareholder equity of NT$41.0B and total debt of NT$277.0B, which brings its debt-to-equity ratio to 676.1%. Its total assets and total liabilities are NT$328.9B and NT$287.9B respectively.
Key information
676.1%
Debt to equity ratio
NT$276.96b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$8.45b |
| Equity | NT$40.97b |
| Total liabilities | NT$287.92b |
| Total assets | NT$328.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6592A's short term assets (NT$316.2B) exceed its short term liabilities (NT$285.2B).
Long Term Liabilities: 6592A's short term assets (NT$316.2B) exceed its long term liabilities (NT$2.7B).
Debt to Equity History and Analysis
Debt Level: 6592A's net debt to equity ratio (655.5%) is considered high.
Reducing Debt: 6592A's debt to equity ratio has reduced from 871.5% to 676.1% over the past 5 years.
Debt Coverage: 6592A's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6592A's interest payments on its debt are well covered by EBIT.