Silitech Technology Balance Sheet Health
Financial Health criteria checks 5/6
Silitech Technology has a total shareholder equity of NT$2.7B and total debt of NT$44.2M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are NT$3.6B and NT$942.3M respectively. Silitech Technology's EBIT is NT$23.4M making its interest coverage ratio -0.4. It has cash and short-term investments of NT$932.9M.
Key information
1.6%
Debt to equity ratio
NT$44.24m
Debt
| Interest coverage ratio | -0.4x |
| Cash | NT$932.87m |
| Equity | NT$2.68b |
| Total liabilities | NT$942.26m |
| Total assets | NT$3.62b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3311's short term assets (NT$1.8B) exceed its short term liabilities (NT$831.9M).
Long Term Liabilities: 3311's short term assets (NT$1.8B) exceed its long term liabilities (NT$110.3M).
Debt to Equity History and Analysis
Debt Level: 3311 has more cash than its total debt.
Reducing Debt: 3311's debt to equity ratio has increased from 0% to 1.6% over the past 5 years.
Debt Coverage: 3311's debt is well covered by operating cash flow (560.3%).
Interest Coverage: 3311 earns more interest than it pays, so coverage of interest payments is not a concern.