Sunflex Tech Balance Sheet Health
Financial Health criteria checks 6/6
Sunflex Tech has a total shareholder equity of NT$1.2B and total debt of NT$425.0M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are NT$1.9B and NT$634.8M respectively. Sunflex Tech's EBIT is NT$16.0M making its interest coverage ratio -0.4. It has cash and short-term investments of NT$1.1B.
Key information
34.9%
Debt to equity ratio
NT$425.00m
Debt
Interest coverage ratio | -0.4x |
Cash | NT$1.15b |
Equity | NT$1.22b |
Total liabilities | NT$634.78m |
Total assets | NT$1.85b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3390's short term assets (NT$1.6B) exceed its short term liabilities (NT$615.7M).
Long Term Liabilities: 3390's short term assets (NT$1.6B) exceed its long term liabilities (NT$19.1M).
Debt to Equity History and Analysis
Debt Level: 3390 has more cash than its total debt.
Reducing Debt: 3390's debt to equity ratio has reduced from 38.8% to 34.9% over the past 5 years.
Debt Coverage: 3390's debt is well covered by operating cash flow (37.7%).
Interest Coverage: 3390 earns more interest than it pays, so coverage of interest payments is not a concern.