ACULA Technology Balance Sheet Health
Financial Health criteria checks 4/6
ACULA Technology has a total shareholder equity of NT$334.7M and total debt of NT$218.0M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are NT$680.3M and NT$345.6M respectively. ACULA Technology's EBIT is NT$39.0M making its interest coverage ratio -375.2. It has cash and short-term investments of NT$119.4M.
Key information
65.1%
Debt to equity ratio
NT$218.00m
Debt
| Interest coverage ratio | -375.2x |
| Cash | NT$119.45m |
| Equity | NT$334.65m |
| Total liabilities | NT$345.60m |
| Total assets | NT$680.25m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3434's short term assets (NT$484.9M) exceed its short term liabilities (NT$227.9M).
Long Term Liabilities: 3434's short term assets (NT$484.9M) exceed its long term liabilities (NT$117.7M).
Debt to Equity History and Analysis
Debt Level: 3434's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: 3434's debt to equity ratio has increased from 45.7% to 65.1% over the past 5 years.
Debt Coverage: 3434's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3434 earns more interest than it pays, so coverage of interest payments is not a concern.