RoyalTek Balance Sheet Health
Financial Health criteria checks 6/6
RoyalTek has a total shareholder equity of NT$3.2B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$3.6B and NT$421.7M respectively. RoyalTek's EBIT is NT$56.8M making its interest coverage ratio -0.9. It has cash and short-term investments of NT$408.5M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -0.9x |
| Cash | NT$408.52m |
| Equity | NT$3.20b |
| Total liabilities | NT$421.69m |
| Total assets | NT$3.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3306's short term assets (NT$1.0B) exceed its short term liabilities (NT$418.1M).
Long Term Liabilities: 3306's short term assets (NT$1.0B) exceed its long term liabilities (NT$3.6M).
Debt to Equity History and Analysis
Debt Level: 3306 is debt free.
Reducing Debt: 3306 has not had any debt for past 5 years.
Debt Coverage: 3306 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3306 has no debt, therefore coverage of interest payments is not a concern.