Kingwaytek Technology Balance Sheet Health
Financial Health criteria checks 6/6
Kingwaytek Technology has a total shareholder equity of NT$1.0B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.2B and NT$198.8M respectively. Kingwaytek Technology's EBIT is NT$34.3M making its interest coverage ratio -1.9. It has cash and short-term investments of NT$829.4M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -1.9x |
| Cash | NT$829.36m |
| Equity | NT$1.03b |
| Total liabilities | NT$198.83m |
| Total assets | NT$1.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6516's short term assets (NT$957.9M) exceed its short term liabilities (NT$153.5M).
Long Term Liabilities: 6516's short term assets (NT$957.9M) exceed its long term liabilities (NT$45.4M).
Debt to Equity History and Analysis
Debt Level: 6516 is debt free.
Reducing Debt: 6516 had no debt 5 years ago.
Debt Coverage: 6516 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6516 has no debt, therefore coverage of interest payments is not a concern.