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$2.0B, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are NT$6.7B and NT$3.6B respectively. Mercuries Data Systems's EBIT is NT$306.9M making its interest coverage ratio 12.2. It has cash and short-term investments of NT$558.9M.
Key information
65.9%
Debt to equity ratio
NT$2.01b
Debt
| Interest coverage ratio | 12.2x |
| Cash | NT$558.85m |
| Equity | NT$3.06b |
| Total liabilities | NT$3.65b |
| Total assets | NT$6.71b |
Recent financial health updates
Here's Why Mercuries Data Systems (TPE:2427) Can Manage Its Debt Responsibly
Apr 19
We Think Mercuries Data Systems (TPE:2427) Can Stay On Top Of Its Debt
Jan 19
Recent updates
Mercuries 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$4.6B) exceed its short term liabilities (NT$2.1B).
Long Term Liabilities: 2427's short term assets (NT$4.6B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 2427's net debt to equity ratio (47.6%) is considered high.
Reducing Debt: 2427's debt to equity ratio has increased from 35.3% to 65.9% 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 (12.2x coverage).