RiTdisplay Balance Sheet Health

Financial Health criteria checks 3/6

RiTdisplay has a total shareholder equity of NT$2.1B and total debt of NT$2.0B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are NT$4.8B and NT$2.7B respectively.

Key information

93.6%

Debt to equity ratio

NT$1.98b

Debt

Interest coverage ration/a
CashNT$1.00b
EquityNT$2.12b
Total liabilitiesNT$2.72b
Total assetsNT$4.84b

Recent financial health updates

Recent updates

Improved Revenues Required Before RiTdisplay Corporation (TWSE:8104) Stock's 28% Jump Looks Justified

Jul 02
Improved Revenues Required Before RiTdisplay Corporation (TWSE:8104) Stock's 28% Jump Looks Justified

Is RiTdisplay (TPE:8104) A Risky Investment?

Mar 24
Is RiTdisplay (TPE:8104) A Risky Investment?

Is RiTdisplay Corporation's (TPE:8104) Stock Price Struggling As A Result Of Its Mixed Financials?

Feb 24
Is RiTdisplay Corporation's (TPE:8104) Stock Price Struggling As A Result Of Its Mixed Financials?

Will the Promising Trends At RiTdisplay (TPE:8104) Continue?

Feb 04
Will the Promising Trends At RiTdisplay (TPE:8104) Continue?

RiTdisplay's(TPE:8104) Share Price Is Down 33% Over The Past Three Years.

Jan 14
RiTdisplay's(TPE:8104) Share Price Is Down 33% Over The Past Three Years.

We Think RiTdisplay (TPE:8104) Can Manage Its Debt With Ease

Dec 16
We Think RiTdisplay (TPE:8104) Can Manage Its Debt With Ease

RiTdisplay Corporation (TPE:8104) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Nov 25
RiTdisplay Corporation (TPE:8104) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Financial Position Analysis

Short Term Liabilities: 8104's short term assets (NT$2.1B) exceed its short term liabilities (NT$1.5B).

Long Term Liabilities: 8104's short term assets (NT$2.1B) exceed its long term liabilities (NT$1.3B).


Debt to Equity History and Analysis

Debt Level: 8104's net debt to equity ratio (46.2%) is considered high.

Reducing Debt: 8104's debt to equity ratio has increased from 65.2% to 93.6% over the past 5 years.

Debt Coverage: 8104's debt is well covered by operating cash flow (21.9%).

Interest Coverage: Insufficient data to determine if 8104's interest payments on its debt are well covered by EBIT.


Balance Sheet


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