FittechLtd Balance Sheet Health
Financial Health criteria checks 3/6
FittechLtd has a total shareholder equity of NT$3.4B and total debt of NT$1.9B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are NT$6.6B and NT$3.2B respectively.
Key information
56.4%
Debt to equity ratio
NT$1.92b
Debt
Interest coverage ratio | n/a |
Cash | NT$2.18b |
Equity | NT$3.40b |
Total liabilities | NT$3.17b |
Total assets | NT$6.58b |
Recent financial health updates
Health Check: How Prudently Does FittechLtd (TWSE:6706) Use Debt?
Jul 05These 4 Measures Indicate That FittechLtd (TPE:6706) Is Using Debt Extensively
Mar 04Recent updates
What You Can Learn From Fittech Co.,Ltd's (TWSE:6706) P/S
Nov 07What Fittech Co.,Ltd's (TWSE:6706) 45% Share Price Gain Is Not Telling You
Jul 12Health Check: How Prudently Does FittechLtd (TWSE:6706) Use Debt?
Jul 05Fittech Co.,Ltd's (TWSE:6706) Shares Climb 36% But Its Business Is Yet to Catch Up
May 21FittechLtd (TPE:6706) Is Looking To Continue Growing Its Returns On Capital
Apr 06Is Fittech Co.,Ltd's (TPE:6706) 1.8% Dividend Sustainable?
Mar 19These 4 Measures Indicate That FittechLtd (TPE:6706) Is Using Debt Extensively
Mar 04We're Not So Sure You Should Rely on FittechLtd's (TPE:6706) Statutory Earnings
Feb 10Is Fittech Co.,Ltd's (TPE:6706) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 27FittechLtd (TPE:6706) Shareholders Have Enjoyed A 33% Share Price Gain
Jan 12The Trends At FittechLtd (TPE:6706) That You Should Know About
Dec 23Is Fittech Co.,Ltd (TPE:6706) A Good Dividend Stock?
Dec 10Is There Now An Opportunity In Fittech Co.,Ltd (TPE:6706)?
Nov 25Financial Position Analysis
Short Term Liabilities: 6706's short term assets (NT$3.9B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 6706's short term assets (NT$3.9B) 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 23.6% to 56.4% 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.