Ene Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ene Technology has a total shareholder equity of NT$820.0M and total debt of NT$160.0M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are NT$1.1B and NT$327.4M respectively. Ene Technology's EBIT is NT$52.5M making its interest coverage ratio -3.9. It has cash and short-term investments of NT$262.2M.
Key information
19.5%
Debt to equity ratio
NT$160.00m
Debt
Interest coverage ratio | -3.9x |
Cash | NT$262.24m |
Equity | NT$819.99m |
Total liabilities | NT$327.44m |
Total assets | NT$1.15b |
Financial Position Analysis
Short Term Liabilities: 6243's short term assets (NT$1.0B) exceed its short term liabilities (NT$306.7M).
Long Term Liabilities: 6243's short term assets (NT$1.0B) exceed its long term liabilities (NT$20.8M).
Debt to Equity History and Analysis
Debt Level: 6243 has more cash than its total debt.
Reducing Debt: 6243's debt to equity ratio has reduced from 43.3% to 19.5% over the past 5 years.
Debt Coverage: 6243's debt is well covered by operating cash flow (96.9%).
Interest Coverage: 6243 earns more interest than it pays, so coverage of interest payments is not a concern.