Golden Insurance BrokersLtd Balance Sheet Health
Financial Health criteria checks 6/6
Golden Insurance BrokersLtd has a total shareholder equity of NT$486.5M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.2B and NT$740.1M respectively. Golden Insurance BrokersLtd's EBIT is NT$149.7M making its interest coverage ratio -3118.2. It has cash and short-term investments of NT$331.5M.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -3118.2x |
Cash | NT$331.54m |
Equity | NT$486.54m |
Total liabilities | NT$740.14m |
Total assets | NT$1.23b |
Financial Position Analysis
Short Term Liabilities: 6028's short term assets (NT$885.6M) exceed its short term liabilities (NT$653.2M).
Long Term Liabilities: 6028's short term assets (NT$885.6M) exceed its long term liabilities (NT$86.9M).
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 20.3%.
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.