Mercuries Life Insurance Balance Sheet Health
Financial Health criteria checks 3/6
Mercuries Life Insurance has a total shareholder equity of NT$39.9B and total debt of NT$8.5B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are NT$1,521.8B and NT$1,481.9B respectively.
Key information
21.3%
Debt to equity ratio
NT$8.50b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$163.85b |
| Equity | NT$39.94b |
| Total liabilities | NT$1.48t |
| Total assets | NT$1.52t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2867's short term assets (NT$205.0B) exceed its short term liabilities (NT$14.6B).
Long Term Liabilities: 2867's short term assets (NT$205.0B) do not cover its long term liabilities (NT$1,467.3B).
Debt to Equity History and Analysis
Debt Level: 2867 has more cash than its total debt.
Reducing Debt: 2867's debt to equity ratio has reduced from 28.7% to 21.3% over the past 5 years.
Debt Coverage: 2867's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2867's interest payments on its debt are well covered by EBIT.