Highpoint Service Network Balance Sheet Health
Financial Health criteria checks 4/6
Highpoint Service Network has a total shareholder equity of NT$203.2M and total debt of NT$52.0M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are NT$559.9M and NT$356.7M respectively. Highpoint Service Network's EBIT is NT$32.9M making its interest coverage ratio -23.6. It has cash and short-term investments of NT$196.4M.
Key information
25.6%
Debt to equity ratio
NT$52.04m
Debt
| Interest coverage ratio | -23.6x |
| Cash | NT$196.39m |
| Equity | NT$203.22m |
| Total liabilities | NT$356.72m |
| Total assets | NT$559.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6884's short term assets (NT$490.7M) exceed its short term liabilities (NT$278.8M).
Long Term Liabilities: 6884's short term assets (NT$490.7M) exceed its long term liabilities (NT$77.9M).
Debt to Equity History and Analysis
Debt Level: 6884 has more cash than its total debt.
Reducing Debt: 6884's debt to equity ratio has increased from 1.8% to 25.6% over the past 5 years.
Debt Coverage: 6884's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 6884 earns more interest than it pays, so coverage of interest payments is not a concern.