Acme Electronics Balance Sheet Health
Financial Health criteria checks 3/6
Acme Electronics has a total shareholder equity of NT$2.7B and total debt of NT$2.1B, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are NT$5.4B and NT$2.7B respectively. Acme Electronics's EBIT is NT$145.3M making its interest coverage ratio 7.3. It has cash and short-term investments of NT$593.1M.
Key information
76.9%
Debt to equity ratio
NT$2.11b
Debt
| Interest coverage ratio | 7.3x |
| Cash | NT$593.09m |
| Equity | NT$2.75b |
| Total liabilities | NT$2.69b |
| Total assets | NT$5.44b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8121's short term assets (NT$2.4B) exceed its short term liabilities (NT$959.3M).
Long Term Liabilities: 8121's short term assets (NT$2.4B) exceed its long term liabilities (NT$1.7B).
Debt to Equity History and Analysis
Debt Level: 8121's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 8121's debt to equity ratio has increased from 63.7% to 76.9% over the past 5 years.
Debt Coverage: 8121's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 8121's interest payments on its debt are well covered by EBIT (7.3x coverage).