Welltend Technology Balance Sheet Health
Financial Health criteria checks 5/6
Welltend Technology has a total shareholder equity of NT$1.6B and total debt of NT$710.0M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are NT$2.9B and NT$1.3B respectively. Welltend Technology's EBIT is NT$192.2M making its interest coverage ratio 46.1. It has cash and short-term investments of NT$834.6M.
Key information
45.1%
Debt to equity ratio
NT$710.00m
Debt
| Interest coverage ratio | 46.1x |
| Cash | NT$834.61m |
| Equity | NT$1.57b |
| Total liabilities | NT$1.34b |
| Total assets | NT$2.91b |
Recent financial health updates
Recent updates
Welltend Technology's (TWSE:3021) Soft Earnings Are Actually Better Than They Appear
Mar 20
Welltend 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$2.4B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 3021's short term assets (NT$2.4B) exceed its long term liabilities (NT$73.3M).
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 increased from 43.6% to 45.1% over the past 5 years.
Debt Coverage: 3021's debt is well covered by operating cash flow (54.1%).
Interest Coverage: 3021's interest payments on its debt are well covered by EBIT (46.1x coverage).