Taiwan Taomee Balance Sheet Health
Financial Health criteria checks 6/6
Taiwan Taomee has a total shareholder equity of NT$117.9M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$172.2M and NT$54.3M respectively. Taiwan Taomee's EBIT is NT$2.0M making its interest coverage ratio -1.3. It has cash and short-term investments of NT$148.0M.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -1.3x |
Cash | NT$148.00m |
Equity | NT$117.91m |
Total liabilities | NT$54.31m |
Total assets | NT$172.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6428's short term assets (NT$165.1M) exceed its short term liabilities (NT$53.5M).
Long Term Liabilities: 6428's short term assets (NT$165.1M) exceed its long term liabilities (NT$806.0K).
Debt to Equity History and Analysis
Debt Level: 6428 is debt free.
Reducing Debt: 6428 has not had any debt for past 5 years.
Debt Coverage: 6428 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6428 has no debt, therefore coverage of interest payments is not a concern.