Apex Material Technology Balance Sheet Health
Financial Health criteria checks 5/6
Apex Material Technology has a total shareholder equity of NT$1.6B and total debt of NT$225.4M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are NT$2.0B and NT$399.9M respectively. Apex Material Technology's EBIT is NT$171.4M making its interest coverage ratio -63.3. It has cash and short-term investments of NT$588.0M.
Key information
14.0%
Debt to equity ratio
NT$225.41m
Debt
Interest coverage ratio | -63.3x |
Cash | NT$588.00m |
Equity | NT$1.61b |
Total liabilities | NT$399.86m |
Total assets | NT$2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6899's short term assets (NT$835.9M) exceed its short term liabilities (NT$178.8M).
Long Term Liabilities: 6899's short term assets (NT$835.9M) exceed its long term liabilities (NT$221.1M).
Debt to Equity History and Analysis
Debt Level: 6899 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6899's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6899's debt is well covered by operating cash flow (92.8%).
Interest Coverage: 6899 earns more interest than it pays, so coverage of interest payments is not a concern.