Avid Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Avid Electronics has a total shareholder equity of NT$128.5M and total debt of NT$25.0M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are NT$167.8M and NT$39.3M respectively.
Key information
19.5%
Debt to equity ratio
NT$25.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$90.73m |
| Equity | NT$128.51m |
| Total liabilities | NT$39.27m |
| Total assets | NT$167.78m |
Financial Position Analysis
Short Term Liabilities: 6103's short term assets (NT$167.4M) exceed its short term liabilities (NT$38.7M).
Long Term Liabilities: 6103's short term assets (NT$167.4M) exceed its long term liabilities (NT$520.0K).
Debt to Equity History and Analysis
Debt Level: 6103 has more cash than its total debt.
Reducing Debt: 6103's debt to equity ratio has reduced from 497.4% to 19.5% over the past 5 years.
Debt Coverage: 6103's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6103's interest payments on its debt are well covered by EBIT.