Eclat Forever Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Eclat Forever Machinery has a total shareholder equity of NT$1.2B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.8B and NT$578.0M respectively. Eclat Forever Machinery's EBIT is NT$208.2M making its interest coverage ratio -6. It has cash and short-term investments of NT$1.0B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -6x |
| Cash | NT$1.01b |
| Equity | NT$1.18b |
| Total liabilities | NT$577.97m |
| Total assets | NT$1.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3485's short term assets (NT$1.4B) exceed its short term liabilities (NT$571.1M).
Long Term Liabilities: 3485's short term assets (NT$1.4B) exceed its long term liabilities (NT$6.9M).
Debt to Equity History and Analysis
Debt Level: 3485 is debt free.
Reducing Debt: 3485 has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: 3485 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3485 has no debt, therefore coverage of interest payments is not a concern.