Powertip Image Balance Sheet Health
Financial Health criteria checks 6/6
Powertip Image has a total shareholder equity of NT$812.3M and total debt of NT$14.4M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are NT$1.3B and NT$492.1M respectively. Powertip Image's EBIT is NT$304.2M making its interest coverage ratio -18.3. It has cash and short-term investments of NT$640.2M.
Key information
1.8%
Debt to equity ratio
NT$14.44m
Debt
Interest coverage ratio | -18.3x |
Cash | NT$640.22m |
Equity | NT$812.26m |
Total liabilities | NT$492.12m |
Total assets | NT$1.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6498's short term assets (NT$971.8M) exceed its short term liabilities (NT$388.6M).
Long Term Liabilities: 6498's short term assets (NT$971.8M) exceed its long term liabilities (NT$103.5M).
Debt to Equity History and Analysis
Debt Level: 6498 has more cash than its total debt.
Reducing Debt: 6498's debt to equity ratio has reduced from 13.9% to 1.8% over the past 5 years.
Debt Coverage: 6498's debt is well covered by operating cash flow (2134.3%).
Interest Coverage: 6498 earns more interest than it pays, so coverage of interest payments is not a concern.