Phison Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Phison Electronics has a total shareholder equity of NT$47.3B and total debt of NT$11.4B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are NT$72.2B and NT$24.9B respectively. Phison Electronics's EBIT is NT$6.0B making its interest coverage ratio -137.1. It has cash and short-term investments of NT$15.8B.
Key information
24.0%
Debt to equity ratio
NT$11.36b
Debt
| Interest coverage ratio | -137.1x |
| Cash | NT$15.75b |
| Equity | NT$47.32b |
| Total liabilities | NT$24.92b |
| Total assets | NT$72.24b |
Financial Position Analysis
Short Term Liabilities: 8299's short term assets (NT$55.3B) exceed its short term liabilities (NT$18.9B).
Long Term Liabilities: 8299's short term assets (NT$55.3B) exceed its long term liabilities (NT$6.1B).
Debt to Equity History and Analysis
Debt Level: 8299 has more cash than its total debt.
Reducing Debt: 8299's debt to equity ratio has increased from 0% to 24% over the past 5 years.
Debt Coverage: 8299's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8299 earns more interest than it pays, so coverage of interest payments is not a concern.