Papago Balance Sheet Health
Financial Health criteria checks 5/6
Papago has a total shareholder equity of NT$173.0M and total debt of NT$95.3M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are NT$377.6M and NT$204.6M respectively. Papago's EBIT is NT$6.8M making its interest coverage ratio 2.8. It has cash and short-term investments of NT$69.6M.
Key information
55.1%
Debt to equity ratio
NT$95.27m
Debt
Interest coverage ratio | 2.8x |
Cash | NT$69.65m |
Equity | NT$173.03m |
Total liabilities | NT$204.56m |
Total assets | NT$377.59m |
Financial Position Analysis
Short Term Liabilities: 3632's short term assets (NT$160.3M) exceed its short term liabilities (NT$103.4M).
Long Term Liabilities: 3632's short term assets (NT$160.3M) exceed its long term liabilities (NT$101.1M).
Debt to Equity History and Analysis
Debt Level: 3632's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: 3632's debt to equity ratio has reduced from 65.8% to 55.1% over the past 5 years.
Debt Coverage: 3632's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 3632's interest payments on its debt are not well covered by EBIT (2.8x coverage).