Tyntek Balance Sheet Health
Financial Health criteria checks 6/6
Tyntek has a total shareholder equity of NT$3.9B and total debt of NT$437.4M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are NT$5.1B and NT$1.2B respectively. Tyntek's EBIT is NT$5.0M making its interest coverage ratio -0.4. It has cash and short-term investments of NT$1.3B.
Key information
11.2%
Debt to equity ratio
NT$437.43m
Debt
| Interest coverage ratio | -0.4x |
| Cash | NT$1.29b |
| Equity | NT$3.92b |
| Total liabilities | NT$1.18b |
| Total assets | NT$5.10b |
Recent financial health updates
Is Tyntek (TWSE:2426) Weighed On By Its Debt Load?
Oct 31
Is Tyntek (TPE:2426) Using Too Much Debt?
Feb 15
Recent updates
There May Be Underlying Issues With The Quality Of Tyntek's (TWSE:2426) Earnings
Nov 19Is Tyntek (TWSE:2426) Weighed On By Its Debt Load?
Oct 31Tyntek Corporation (TWSE:2426) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Sep 25There Is A Reason Tyntek Corporation's (TWSE:2426) Price Is Undemanding
Aug 07Investors In Tyntek Corporation (TPE:2426) Should Consider This, First
Mar 29Is Tyntek (TPE:2426) Using Too Much Debt?
Feb 15Did You Participate In Any Of Tyntek's (TPE:2426) Respectable 72% Return?
Jan 19Tyntek (TPE:2426) Is Growing Earnings But Are They A Good Guide?
Dec 24We're Watching These Trends At Tyntek (TPE:2426)
Nov 19Financial Position Analysis
Short Term Liabilities: 2426's short term assets (NT$2.9B) exceed its short term liabilities (NT$867.3M).
Long Term Liabilities: 2426's short term assets (NT$2.9B) exceed its long term liabilities (NT$313.2M).
Debt to Equity History and Analysis
Debt Level: 2426 has more cash than its total debt.
Reducing Debt: 2426's debt to equity ratio has reduced from 46.2% to 11.2% over the past 5 years.
Debt Coverage: 2426's debt is well covered by operating cash flow (47.1%).
Interest Coverage: 2426 earns more interest than it pays, so coverage of interest payments is not a concern.