Polylite Taiwan Balance Sheet Health
Financial Health criteria checks 4/6
Polylite Taiwan has a total shareholder equity of NT$770.9M and total debt of NT$202.6M, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are NT$1.0B and NT$276.6M respectively.
Key information
26.3%
Debt to equity ratio
NT$202.62m
Debt
Interest coverage ratio | n/a |
Cash | NT$118.84m |
Equity | NT$770.86m |
Total liabilities | NT$276.56m |
Total assets | NT$1.05b |
Financial Position Analysis
Short Term Liabilities: 1813's short term assets (NT$415.0M) exceed its short term liabilities (NT$262.5M).
Long Term Liabilities: 1813's short term assets (NT$415.0M) exceed its long term liabilities (NT$14.0M).
Debt to Equity History and Analysis
Debt Level: 1813's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: 1813's debt to equity ratio has increased from 3.3% to 26.3% over the past 5 years.
Debt Coverage: 1813's debt is well covered by operating cash flow (22.8%).
Interest Coverage: Insufficient data to determine if 1813's interest payments on its debt are well covered by EBIT.