IC Plus Balance Sheet Health
Financial Health criteria checks 6/6
IC Plus has a total shareholder equity of NT$742.5M and total debt of NT$40.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are NT$935.8M and NT$193.3M respectively. IC Plus's EBIT is NT$22.2M making its interest coverage ratio -3.8. It has cash and short-term investments of NT$360.8M.
Key information
5.4%
Debt to equity ratio
NT$40.00m
Debt
Interest coverage ratio | -3.8x |
Cash | NT$360.84m |
Equity | NT$742.50m |
Total liabilities | NT$193.29m |
Total assets | NT$935.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8040's short term assets (NT$593.0M) exceed its short term liabilities (NT$171.1M).
Long Term Liabilities: 8040's short term assets (NT$593.0M) exceed its long term liabilities (NT$22.1M).
Debt to Equity History and Analysis
Debt Level: 8040 has more cash than its total debt.
Reducing Debt: 8040's debt to equity ratio has reduced from 10.1% to 5.4% over the past 5 years.
Debt Coverage: 8040's debt is well covered by operating cash flow (99.3%).
Interest Coverage: 8040 earns more interest than it pays, so coverage of interest payments is not a concern.