Parade Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Parade Technologies has a total shareholder equity of NT$19.6B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$23.4B and NT$3.8B respectively. Parade Technologies's EBIT is NT$2.0B making its interest coverage ratio -10.4. It has cash and short-term investments of NT$8.5B.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -10.4x |
Cash | NT$8.49b |
Equity | NT$19.60b |
Total liabilities | NT$3.77b |
Total assets | NT$23.37b |
Financial Position Analysis
Short Term Liabilities: 4966's short term assets (NT$14.5B) exceed its short term liabilities (NT$3.6B).
Long Term Liabilities: 4966's short term assets (NT$14.5B) exceed its long term liabilities (NT$158.7M).
Debt to Equity History and Analysis
Debt Level: 4966 is debt free.
Reducing Debt: 4966 has not had any debt for past 5 years.
Debt Coverage: 4966 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4966 has no debt, therefore coverage of interest payments is not a concern.