Turn Cloud Technology Service Balance Sheet Health
Financial Health criteria checks 4/6
Turn Cloud Technology Service has a total shareholder equity of NT$960.4M and total debt of NT$153.5M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are NT$1.4B and NT$473.6M respectively. Turn Cloud Technology Service's EBIT is NT$90.3M making its interest coverage ratio -21.2. It has cash and short-term investments of NT$441.3M.
Key information
16.0%
Debt to equity ratio
NT$153.54m
Debt
| Interest coverage ratio | -21.2x |
| Cash | NT$441.30m |
| Equity | NT$960.39m |
| Total liabilities | NT$473.61m |
| Total assets | NT$1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6870's short term assets (NT$950.3M) exceed its short term liabilities (NT$380.2M).
Long Term Liabilities: 6870's short term assets (NT$950.3M) exceed its long term liabilities (NT$93.4M).
Debt to Equity History and Analysis
Debt Level: 6870 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6870's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6870's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6870 earns more interest than it pays, so coverage of interest payments is not a concern.