Silicon Touch Technology Balance Sheet Health
Financial Health criteria checks 4/6
Silicon Touch Technology has a total shareholder equity of NT$101.8M and total debt of NT$33.0M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are NT$209.1M and NT$107.3M respectively. Silicon Touch Technology's EBIT is NT$4.8M making its interest coverage ratio 2. It has cash and short-term investments of NT$7.9M.
Key information
32.4%
Debt to equity ratio
NT$32.98m
Debt
Interest coverage ratio | 2x |
Cash | NT$7.93m |
Equity | NT$101.83m |
Total liabilities | NT$107.31m |
Total assets | NT$209.14m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3288's short term assets (NT$162.3M) exceed its short term liabilities (NT$57.0M).
Long Term Liabilities: 3288's short term assets (NT$162.3M) exceed its long term liabilities (NT$50.3M).
Debt to Equity History and Analysis
Debt Level: 3288's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: 3288's debt to equity ratio has increased from 28.4% to 32.4% over the past 5 years.
Debt Coverage: 3288's debt is well covered by operating cash flow (38.4%).
Interest Coverage: 3288's interest payments on its debt are not well covered by EBIT (2x coverage).