Daito Me Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Daito Me Holdings has a total shareholder equity of NT$617.9M and total debt of NT$437.0M, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are NT$1.5B and NT$863.2M respectively.
Key information
70.7%
Debt to equity ratio
NT$437.01m
Debt
Interest coverage ratio | n/a |
Cash | NT$227.63m |
Equity | NT$617.95m |
Total liabilities | NT$863.24m |
Total assets | NT$1.48b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8455's short term assets (NT$838.2M) exceed its short term liabilities (NT$684.6M).
Long Term Liabilities: 8455's short term assets (NT$838.2M) exceed its long term liabilities (NT$178.7M).
Debt to Equity History and Analysis
Debt Level: 8455's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: 8455's debt to equity ratio has reduced from 99.6% to 70.7% over the past 5 years.
Debt Coverage: 8455's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: Insufficient data to determine if 8455's interest payments on its debt are well covered by EBIT.