Ene Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ene Technology has a total shareholder equity of NT$823.4M and total debt of NT$281.7M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are NT$1.2B and NT$403.6M respectively. Ene Technology's EBIT is NT$4.7M making its interest coverage ratio -0.3. It has cash and short-term investments of NT$658.1M.
Key information
34.2%
Debt to equity ratio
NT$281.69m
Debt
| Interest coverage ratio | -0.3x |
| Cash | NT$658.15m |
| Equity | NT$823.38m |
| Total liabilities | NT$403.62m |
| Total assets | NT$1.23b |
Recent financial health updates
Ene Technology (TPE:6243) Is Making Moderate Use Of Debt
Mar 10
Does Ene Technology (TPE:6243) Have A Healthy Balance Sheet?
Nov 24Recent updates
Financial Position Analysis
Short Term Liabilities: 6243's short term assets (NT$1.1B) exceed its short term liabilities (NT$105.5M).
Long Term Liabilities: 6243's short term assets (NT$1.1B) exceed its long term liabilities (NT$298.1M).
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 48.7% to 34.2% over the past 5 years.
Debt Coverage: 6243's debt is well covered by operating cash flow (74.3%).
Interest Coverage: 6243 earns more interest than it pays, so coverage of interest payments is not a concern.