Golden Insurance BrokersLtd Balance Sheet Health
Financial Health criteria checks 6/6
Golden Insurance BrokersLtd has a total shareholder equity of NT$521.1M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.3B and NT$753.6M respectively. Golden Insurance BrokersLtd's EBIT is NT$222.9M making its interest coverage ratio -312.6. It has cash and short-term investments of NT$308.4M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -312.6x |
| Cash | NT$308.44m |
| Equity | NT$521.06m |
| Total liabilities | NT$753.56m |
| Total assets | NT$1.27b |
Financial Position Analysis
Short Term Liabilities: 6028's short term assets (NT$940.7M) exceed its short term liabilities (NT$675.0M).
Long Term Liabilities: 6028's short term assets (NT$940.7M) exceed its long term liabilities (NT$78.5M).
Debt to Equity History and Analysis
Debt Level: 6028 is debt free.
Reducing Debt: 6028 has no debt compared to 5 years ago when its debt to equity ratio was 19.6%.
Debt Coverage: 6028 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6028 has no debt, therefore coverage of interest payments is not a concern.