Kuang Hong Arts Management Incorporation Balance Sheet Health
Financial Health criteria checks 5/6
Kuang Hong Arts Management Incorporation has a total shareholder equity of NT$735.3M and total debt of NT$7.9M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are NT$1.4B and NT$630.6M respectively. Kuang Hong Arts Management Incorporation's EBIT is NT$266.4M making its interest coverage ratio -51.8. It has cash and short-term investments of NT$766.0M.
Key information
1.1%
Debt to equity ratio
NT$7.87m
Debt
Interest coverage ratio | -51.8x |
Cash | NT$765.98m |
Equity | NT$735.34m |
Total liabilities | NT$630.64m |
Total assets | NT$1.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6596's short term assets (NT$954.9M) exceed its short term liabilities (NT$627.1M).
Long Term Liabilities: 6596's short term assets (NT$954.9M) exceed its long term liabilities (NT$3.5M).
Debt to Equity History and Analysis
Debt Level: 6596 has more cash than its total debt.
Reducing Debt: 6596's debt to equity ratio has increased from 0.9% to 1.1% over the past 5 years.
Debt Coverage: 6596's debt is well covered by operating cash flow (5228.5%).
Interest Coverage: 6596 earns more interest than it pays, so coverage of interest payments is not a concern.