Avid Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Avid Electronics has a total shareholder equity of NT$130.1M and total debt of NT$25.0M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are NT$170.3M and NT$40.3M respectively.
Key information
19.2%
Debt to equity ratio
NT$25.01m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$115.02m |
| Equity | NT$130.05m |
| Total liabilities | NT$40.26m |
| Total assets | NT$170.31m |
Financial Position Analysis
Short Term Liabilities: 6103's short term assets (NT$150.8M) exceed its short term liabilities (NT$35.1M).
Long Term Liabilities: 6103's short term assets (NT$150.8M) exceed its long term liabilities (NT$5.2M).
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 525.6% to 19.2% over the past 5 years.
Debt Coverage: 6103's debt is well covered by operating cash flow (79.2%).
Interest Coverage: Insufficient data to determine if 6103's interest payments on its debt are well covered by EBIT.