Forcelead Technology Balance Sheet Health
Financial Health criteria checks 6/6
Forcelead Technology has a total shareholder equity of NT$1.7B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$2.4B and NT$676.5M respectively. Forcelead Technology's EBIT is NT$494.9M making its interest coverage ratio -28.3. It has cash and short-term investments of NT$913.1M.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -28.3x |
Cash | NT$913.06m |
Equity | NT$1.67b |
Total liabilities | NT$676.47m |
Total assets | NT$2.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6996's short term assets (NT$2.0B) exceed its short term liabilities (NT$624.0M).
Long Term Liabilities: 6996's short term assets (NT$2.0B) exceed its long term liabilities (NT$52.5M).
Debt to Equity History and Analysis
Debt Level: 6996 is debt free.
Reducing Debt: 6996 has not had any debt for past 5 years.
Debt Coverage: 6996 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6996 has no debt, therefore coverage of interest payments is not a concern.