Taiwan Taomee Balance Sheet Health
Financial Health criteria checks 6/6
Taiwan Taomee has a total shareholder equity of NT$125.7M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$177.1M and NT$51.4M respectively. Taiwan Taomee's EBIT is NT$5.7M making its interest coverage ratio -2.7. It has cash and short-term investments of NT$152.7M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -2.7x |
| Cash | NT$152.66m |
| Equity | NT$125.69m |
| Total liabilities | NT$51.45m |
| Total assets | NT$177.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6428's short term assets (NT$174.7M) exceed its short term liabilities (NT$51.4M).
Long Term Liabilities: 6428's short term assets (NT$174.7M) exceed its long term liabilities (NT$5.0K).
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.