Answer Technology Balance Sheet Health
Financial Health criteria checks 3/6
Answer Technology has a total shareholder equity of NT$1.8B and total debt of NT$2.0B, which brings its debt-to-equity ratio to 112.2%. Its total assets and total liabilities are NT$6.4B and NT$4.6B respectively. Answer Technology's EBIT is NT$378.1M making its interest coverage ratio 2.9. It has cash and short-term investments of NT$622.4M.
Key information
112.2%
Debt to equity ratio
NT$2.03b
Debt
Interest coverage ratio | 2.9x |
Cash | NT$622.42m |
Equity | NT$1.81b |
Total liabilities | NT$4.56b |
Total assets | NT$6.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3528's short term assets (NT$6.1B) exceed its short term liabilities (NT$4.5B).
Long Term Liabilities: 3528's short term assets (NT$6.1B) exceed its long term liabilities (NT$33.1M).
Debt to Equity History and Analysis
Debt Level: 3528's net debt to equity ratio (77.8%) is considered high.
Reducing Debt: 3528's debt to equity ratio has increased from 44.8% to 112.2% over the past 5 years.
Debt Coverage: 3528's debt is well covered by operating cash flow (20.6%).
Interest Coverage: 3528's interest payments on its debt are not well covered by EBIT (2.9x coverage).