Polylite Taiwan Balance Sheet Health
Financial Health criteria checks 3/6
Polylite Taiwan has a total shareholder equity of NT$737.4M and total debt of NT$242.4M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are NT$1.0B and NT$308.1M respectively.
Key information
32.9%
Debt to equity ratio
NT$242.43m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$133.75m |
| Equity | NT$737.43m |
| Total liabilities | NT$308.15m |
| Total assets | NT$1.05b |
Financial Position Analysis
Short Term Liabilities: 1813's short term assets (NT$366.2M) exceed its short term liabilities (NT$294.0M).
Long Term Liabilities: 1813's short term assets (NT$366.2M) exceed its long term liabilities (NT$14.1M).
Debt to Equity History and Analysis
Debt Level: 1813's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 1813's debt to equity ratio has increased from 8% to 32.9% over the past 5 years.
Debt Coverage: 1813's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: Insufficient data to determine if 1813's interest payments on its debt are well covered by EBIT.