FittechLtd Balance Sheet Health

Financial Health criteria checks 3/6

FittechLtd has a total shareholder equity of NT$3.5B and total debt of NT$1.8B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are NT$6.3B and NT$2.8B respectively.

Key information

50.0%

Debt to equity ratio

NT$1.75b

Debt

Interest coverage ration/a
CashNT$2.14b
EquityNT$3.50b
Total liabilitiesNT$2.82b
Total assetsNT$6.31b

Recent financial health updates

Recent updates

What Fittech Co.,Ltd's (TWSE:6706) 45% Share Price Gain Is Not Telling You

Jul 12
What Fittech Co.,Ltd's (TWSE:6706) 45% Share Price Gain Is Not Telling You

Health Check: How Prudently Does FittechLtd (TWSE:6706) Use Debt?

Jul 05
Health Check: How Prudently Does FittechLtd (TWSE:6706) Use Debt?

Fittech Co.,Ltd's (TWSE:6706) Shares Climb 36% But Its Business Is Yet to Catch Up

May 21
Fittech Co.,Ltd's (TWSE:6706) Shares Climb 36% But Its Business Is Yet to Catch Up

FittechLtd (TPE:6706) Is Looking To Continue Growing Its Returns On Capital

Apr 06
FittechLtd (TPE:6706) Is Looking To Continue Growing Its Returns On Capital

Is Fittech Co.,Ltd's (TPE:6706) 1.8% Dividend Sustainable?

Mar 19
Is Fittech Co.,Ltd's (TPE:6706) 1.8% Dividend Sustainable?

These 4 Measures Indicate That FittechLtd (TPE:6706) Is Using Debt Extensively

Mar 04
These 4 Measures Indicate That FittechLtd (TPE:6706) Is Using Debt Extensively

We're Not So Sure You Should Rely on FittechLtd's (TPE:6706) Statutory Earnings

Feb 10
We're Not So Sure You Should Rely on FittechLtd's (TPE:6706) Statutory Earnings

Is Fittech Co.,Ltd's (TPE:6706) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Jan 27
Is Fittech Co.,Ltd's (TPE:6706) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

FittechLtd (TPE:6706) Shareholders Have Enjoyed A 33% Share Price Gain

Jan 12
FittechLtd (TPE:6706) Shareholders Have Enjoyed A 33% Share Price Gain

The Trends At FittechLtd (TPE:6706) That You Should Know About

Dec 23
The Trends At FittechLtd (TPE:6706) That You Should Know About

Is Fittech Co.,Ltd (TPE:6706) A Good Dividend Stock?

Dec 10
Is Fittech Co.,Ltd (TPE:6706) A Good Dividend Stock?

Is There Now An Opportunity In Fittech Co.,Ltd (TPE:6706)?

Nov 25
Is There Now An Opportunity In Fittech Co.,Ltd (TPE:6706)?

Financial Position Analysis

Short Term Liabilities: 6706's short term assets (NT$3.7B) exceed its short term liabilities (NT$1.5B).

Long Term Liabilities: 6706's short term assets (NT$3.7B) exceed its long term liabilities (NT$1.3B).


Debt to Equity History and Analysis

Debt Level: 6706 has more cash than its total debt.

Reducing Debt: 6706's debt to equity ratio has increased from 19.1% to 50% over the past 5 years.

Debt Coverage: 6706's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 6706's interest payments on its debt are well covered by EBIT.


Balance Sheet


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