Ene Technology Balance Sheet Health
Financial Health criteria checks 6/6
Ene Technology has a total shareholder equity of NT$828.2M and total debt of NT$340.1M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are NT$1.4B and NT$528.4M respectively. Ene Technology's EBIT is NT$15.4M making its interest coverage ratio -1. It has cash and short-term investments of NT$798.8M.
Key information
41.1%
Debt to equity ratio
NT$340.07m
Debt
Interest coverage ratio | -1x |
Cash | NT$798.77m |
Equity | NT$828.22m |
Total liabilities | NT$528.41m |
Total assets | NT$1.36b |
Financial Position Analysis
Short Term Liabilities: 6243's short term assets (NT$1.3B) exceed its short term liabilities (NT$226.3M).
Long Term Liabilities: 6243's short term assets (NT$1.3B) exceed its long term liabilities (NT$302.1M).
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 47.5% to 41.1% over the past 5 years.
Debt Coverage: 6243's debt is well covered by operating cash flow (83.6%).
Interest Coverage: 6243 earns more interest than it pays, so coverage of interest payments is not a concern.