Mercuries Data Systems Balance Sheet Health
Financial Health criteria checks 3/6
Mercuries Data Systems has a total shareholder equity of NT$3.1B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are NT$7.4B and NT$4.3B respectively. Mercuries Data Systems's EBIT is NT$331.3M making its interest coverage ratio 12.6. It has cash and short-term investments of NT$376.0M.
Key information
81.6%
Debt to equity ratio
NT$2.52b
Debt
| Interest coverage ratio | 12.6x |
| Cash | NT$375.97m |
| Equity | NT$3.09b |
| Total liabilities | NT$4.32b |
| Total assets | NT$7.40b |
Recent financial health updates
Here's Why Mercuries Data Systems (TWSE:2427) Has A Meaningful Debt Burden
Jul 05
Here's Why Mercuries Data Systems (TPE:2427) Can Manage Its Debt Responsibly
Apr 19We Think Mercuries Data Systems (TPE:2427) Can Stay On Top Of Its Debt
Jan 19
Recent updates
Impressive Earnings May Not Tell The Whole Story For Mercuries Data Systems (TWSE:2427)
Nov 19Market Cool On Mercuries Data Systems Ltd.'s (TWSE:2427) Earnings Pushing Shares 28% Lower
Aug 06Mercuries Data Systems (TWSE:2427) Is Increasing Its Dividend To NT$0.9
Jul 12Here's Why Mercuries Data Systems (TWSE:2427) Has A Meaningful Debt Burden
Jul 05Mercuries Data Systems Ltd.'s (TWSE:2427) 28% Jump Shows Its Popularity With Investors
Apr 18Additional Considerations Required While Assessing Mercuries Data Systems' (TWSE:2427) Strong Earnings
Mar 25Here's Why Mercuries Data Systems (TPE:2427) Can Manage Its Debt Responsibly
Apr 19There's Been No Shortage Of Growth Recently For Mercuries Data Systems' (TPE:2427) Returns On Capital
Apr 01Is Mercuries Data Systems Ltd.'s (TPE:2427) Recent Stock Performance Influenced By Its Financials In Any Way?
Mar 14Did You Participate In Any Of Mercuries Data Systems' (TPE:2427) Fantastic 117% Return ?
Feb 24Here's How We Evaluate Mercuries Data Systems Ltd.'s (TPE:2427) Dividend
Feb 06We Think Mercuries Data Systems (TPE:2427) Can Stay On Top Of Its Debt
Jan 19Will the Promising Trends At Mercuries Data Systems (TPE:2427) Continue?
Dec 30Has Mercuries Data Systems Ltd.'s (TPE:2427) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 12Shareholders Of Mercuries Data Systems (TPE:2427) Must Be Happy With Their 99% Return
Nov 24Financial Position Analysis
Short Term Liabilities: 2427's short term assets (NT$5.3B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 2427's short term assets (NT$5.3B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 2427's net debt to equity ratio (69.5%) is considered high.
Reducing Debt: 2427's debt to equity ratio has increased from 46.3% to 81.6% over the past 5 years.
Debt Coverage: 2427's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2427's interest payments on its debt are well covered by EBIT (12.6x coverage).