Partner Tech Balance Sheet Health
Financial Health criteria checks 6/6
Partner Tech has a total shareholder equity of NT$1.3B and total debt of NT$176.1M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are NT$2.2B and NT$844.9M respectively. Partner Tech's EBIT is NT$180.2M making its interest coverage ratio 12.6. It has cash and short-term investments of NT$467.3M.
Key information
13.5%
Debt to equity ratio
NT$176.14m
Debt
| Interest coverage ratio | 12.6x |
| Cash | NT$467.28m |
| Equity | NT$1.31b |
| Total liabilities | NT$844.87m |
| Total assets | NT$2.15b |
Financial Position Analysis
Short Term Liabilities: 3097's short term assets (NT$1.6B) exceed its short term liabilities (NT$664.5M).
Long Term Liabilities: 3097's short term assets (NT$1.6B) exceed its long term liabilities (NT$180.3M).
Debt to Equity History and Analysis
Debt Level: 3097 has more cash than its total debt.
Reducing Debt: 3097's debt to equity ratio has reduced from 64.3% to 13.5% over the past 5 years.
Debt Coverage: 3097's debt is well covered by operating cash flow (156.2%).
Interest Coverage: 3097's interest payments on its debt are well covered by EBIT (12.6x coverage).