Progate Group Balance Sheet Health
Financial Health criteria checks 6/6
Progate Group 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$1.4B and NT$274.8M respectively. Progate Group's EBIT is NT$72.8M making its interest coverage ratio -3.9. It has cash and short-term investments of NT$973.1M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -3.9x |
| Cash | NT$973.13m |
| Equity | NT$1.09b |
| Total liabilities | NT$274.76m |
| Total assets | NT$1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8227's short term assets (NT$1.2B) exceed its short term liabilities (NT$226.9M).
Long Term Liabilities: 8227's short term assets (NT$1.2B) exceed its long term liabilities (NT$47.9M).
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.