TWOWAY Communications Balance Sheet Health
Financial Health criteria checks 6/6
TWOWAY Communications has a total shareholder equity of NT$1.3B and total debt of NT$312.7M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are NT$2.1B and NT$767.2M respectively. TWOWAY Communications's EBIT is NT$439.0M making its interest coverage ratio -128.7. It has cash and short-term investments of NT$284.1M.
Key information
24.2%
Debt to equity ratio
NT$312.71m
Debt
| Interest coverage ratio | -128.7x |
| Cash | NT$284.14m |
| Equity | NT$1.29b |
| Total liabilities | NT$767.22m |
| Total assets | NT$2.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8045's short term assets (NT$1.5B) exceed its short term liabilities (NT$485.7M).
Long Term Liabilities: 8045's short term assets (NT$1.5B) exceed its long term liabilities (NT$281.5M).
Debt to Equity History and Analysis
Debt Level: 8045's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 8045's debt to equity ratio has reduced from 65.8% to 24.2% over the past 5 years.
Debt Coverage: 8045's debt is well covered by operating cash flow (91.4%).
Interest Coverage: 8045 earns more interest than it pays, so coverage of interest payments is not a concern.