RoyalTek Balance Sheet Health
Financial Health criteria checks 6/6
RoyalTek has a total shareholder equity of NT$2.8B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$3.1B and NT$290.1M respectively. RoyalTek's EBIT is NT$39.0M making its interest coverage ratio -0.6. It has cash and short-term investments of NT$201.6M.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -0.6x |
Cash | NT$201.57m |
Equity | NT$2.81b |
Total liabilities | NT$290.09m |
Total assets | NT$3.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3306's short term assets (NT$892.3M) exceed its short term liabilities (NT$289.5M).
Long Term Liabilities: 3306's short term assets (NT$892.3M) exceed its long term liabilities (NT$600.0K).
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.