Array Balance Sheet Health
Financial Health criteria checks 4/6
Array has a total shareholder equity of NT$285.0M and total debt of NT$103.1M, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are NT$880.8M and NT$595.8M respectively. Array's EBIT is NT$34.4M making its interest coverage ratio 8.9. It has cash and short-term investments of NT$15.1M.
Key information
36.2%
Debt to equity ratio
NT$103.11m
Debt
| Interest coverage ratio | 8.9x |
| Cash | NT$15.12m |
| Equity | NT$284.97m |
| Total liabilities | NT$595.83m |
| Total assets | NT$880.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3664's short term assets (NT$746.9M) exceed its short term liabilities (NT$416.5M).
Long Term Liabilities: 3664's short term assets (NT$746.9M) exceed its long term liabilities (NT$179.3M).
Debt to Equity History and Analysis
Debt Level: 3664's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: 3664's debt to equity ratio has increased from 0% to 36.2% over the past 5 years.
Debt Coverage: 3664's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3664's interest payments on its debt are well covered by EBIT (8.9x coverage).