Horng Terng Automation Balance Sheet Health
Financial Health criteria checks 6/6
Horng Terng Automation has a total shareholder equity of NT$1.1B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.7B and NT$684.6M respectively. Horng Terng Automation's EBIT is NT$190.2M making its interest coverage ratio -17.3. It has cash and short-term investments of NT$1.1B.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -17.3x |
Cash | NT$1.12b |
Equity | NT$1.05b |
Total liabilities | NT$684.62m |
Total assets | NT$1.74b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 7751's short term assets (NT$1.6B) exceed its short term liabilities (NT$654.3M).
Long Term Liabilities: 7751's short term assets (NT$1.6B) exceed its long term liabilities (NT$30.3M).
Debt to Equity History and Analysis
Debt Level: 7751 is debt free.
Reducing Debt: 7751 had no debt 5 years ago.
Debt Coverage: 7751 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7751 has no debt, therefore coverage of interest payments is not a concern.