Genie Networks Balance Sheet Health
Financial Health criteria checks 6/6
Genie Networks has a total shareholder equity of NT$290.1M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$378.3M and NT$88.2M respectively. Genie Networks's EBIT is NT$13.4M making its interest coverage ratio -3.2. It has cash and short-term investments of NT$316.0M.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -3.2x |
Cash | NT$315.98m |
Equity | NT$290.09m |
Total liabilities | NT$88.17m |
Total assets | NT$378.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8298's short term assets (NT$357.4M) exceed its short term liabilities (NT$62.1M).
Long Term Liabilities: 8298's short term assets (NT$357.4M) exceed its long term liabilities (NT$26.1M).
Debt to Equity History and Analysis
Debt Level: 8298 is debt free.
Reducing Debt: 8298 has no debt compared to 5 years ago when its debt to equity ratio was 13%.
Debt Coverage: 8298 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8298 has no debt, therefore coverage of interest payments is not a concern.