Turn Cloud Technology Service Balance Sheet Health
Financial Health criteria checks 5/6
Turn Cloud Technology Service has a total shareholder equity of NT$969.1M and total debt of NT$134.1M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are NT$1.3B and NT$367.0M respectively. Turn Cloud Technology Service's EBIT is NT$80.0M making its interest coverage ratio -15.6. It has cash and short-term investments of NT$584.2M.
Key information
13.8%
Debt to equity ratio
NT$134.15m
Debt
Interest coverage ratio | -15.6x |
Cash | NT$584.22m |
Equity | NT$969.08m |
Total liabilities | NT$366.96m |
Total assets | NT$1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6870's short term assets (NT$949.6M) exceed its short term liabilities (NT$282.9M).
Long Term Liabilities: 6870's short term assets (NT$949.6M) exceed its long term liabilities (NT$84.1M).
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 debt is well covered by operating cash flow (75.3%).
Interest Coverage: 6870 earns more interest than it pays, so coverage of interest payments is not a concern.