TWOWAY Communications Balance Sheet Health
Financial Health criteria checks 6/6
TWOWAY Communications has a total shareholder equity of NT$1.5B and total debt of NT$378.7M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are NT$2.6B and NT$1.1B respectively. TWOWAY Communications's EBIT is NT$566.8M making its interest coverage ratio 924.7. It has cash and short-term investments of NT$668.5M.
Key information
25.7%
Debt to equity ratio
NT$378.69m
Debt
| Interest coverage ratio | 924.7x |
| Cash | NT$668.49m |
| Equity | NT$1.47b |
| Total liabilities | NT$1.12b |
| Total assets | NT$2.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8045's short term assets (NT$2.0B) exceed its short term liabilities (NT$796.6M).
Long Term Liabilities: 8045's short term assets (NT$2.0B) exceed its long term liabilities (NT$323.8M).
Debt to Equity History and Analysis
Debt Level: 8045 has more cash than its total debt.
Reducing Debt: 8045's debt to equity ratio has reduced from 76.9% to 25.7% over the past 5 years.
Debt Coverage: 8045's debt is well covered by operating cash flow (89.3%).
Interest Coverage: 8045's interest payments on its debt are well covered by EBIT (924.7x coverage).