Progate Group Corporation

TPEX:8227 Stock Report

Market Cap: NT$9.7b

Progate Group Balance Sheet Health

Financial Health criteria checks 6/6

Progate Group has a total shareholder equity of NT$814.0M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.1B and NT$292.6M respectively. Progate Group's EBIT is NT$152.5M making its interest coverage ratio -11.9. It has cash and short-term investments of NT$693.1M.

Key information

0%

Debt to equity ratio

NT$0

Debt

Interest coverage ratio-11.9x
CashNT$693.13m
EquityNT$813.96m
Total liabilitiesNT$292.64m
Total assetsNT$1.11b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 8227's short term assets (NT$873.1M) exceed its short term liabilities (NT$242.4M).

Long Term Liabilities: 8227's short term assets (NT$873.1M) exceed its long term liabilities (NT$50.2M).


Debt to Equity History and Analysis

Debt Level: 8227 is debt free.

Reducing Debt: 8227 had no debt 5 years ago.

Debt Coverage: 8227 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8227 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.