Welltend Technology Balance Sheet Health
Financial Health criteria checks 6/6
Welltend Technology has a total shareholder equity of NT$1.7B and total debt of NT$780.0M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are NT$3.4B and NT$1.7B respectively. Welltend Technology's EBIT is NT$243.6M making its interest coverage ratio -1269. It has cash and short-term investments of NT$955.0M.
Key information
45.1%
Debt to equity ratio
NT$780.00m
Debt
| Interest coverage ratio | -1269x |
| Cash | NT$955.04m |
| Equity | NT$1.73b |
| Total liabilities | NT$1.70b |
| Total assets | NT$3.43b |
Recent financial health updates
Recent updates
Welltend Technology's (TWSE:3021) Promising Earnings May Rest On Soft Foundations
Nov 22
Welltend Technology Corporation (TWSE:3021) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Sep 24Welltend Technology (TWSE:3021) Has More To Do To Multiply In Value Going Forward
Sep 13Welltend Technology Corporation's (TWSE:3021) 25% Price Boost Is Out Of Tune With Earnings
Jul 15Welltend Technology (TWSE:3021) Is Reducing Its Dividend To NT$0.30
Jun 24Welltend Technology's (TWSE:3021) Soft Earnings Are Actually Better Than They Appear
Mar 20Welltend Technology Corporation's (TWSE:3021) Shares Bounce 25% But Its Business Still Trails The Market
Mar 08Returns On Capital - An Important Metric For Welltend Technology (TPE:3021)
Mar 15Here's Why Welltend Technology (TPE:3021) Can Manage Its Debt Responsibly
Feb 24Read This Before Buying Welltend Technology Corporation (TPE:3021) For Its Dividend
Feb 06
Are Welltend Technology Corporation's (TPE:3021) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Jan 16Did You Participate In Any Of Welltend Technology's (TPE:3021) Respectable 51% Return?
Dec 26Here’s What’s Happening With Returns At Welltend Technology (TPE:3021)
Nov 21Financial Position Analysis
Short Term Liabilities: 3021's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 3021's short term assets (NT$2.8B) exceed its long term liabilities (NT$81.2M).
Debt to Equity History and Analysis
Debt Level: 3021 has more cash than its total debt.
Reducing Debt: 3021's debt to equity ratio has reduced from 47.5% to 45.1% over the past 5 years.
Debt Coverage: 3021's debt is well covered by operating cash flow (24%).
Interest Coverage: 3021 earns more interest than it pays, so coverage of interest payments is not a concern.