Answer Technology Co., Ltd.

TWSE:3528 Stock Report

Market Cap: NT$3.4b

Answer Technology Balance Sheet Health

Financial Health criteria checks 4/6

Answer Technology has a total shareholder equity of NT$1.9B and total debt of NT$2.8B, which brings its debt-to-equity ratio to 152.3%. Its total assets and total liabilities are NT$7.2B and NT$5.4B respectively. Answer Technology's EBIT is NT$322.9M making its interest coverage ratio 13.9. It has cash and short-term investments of NT$1.8B.

Key information

152.3%

Debt to equity ratio

NT$2.83b

Debt

Interest coverage ratio13.9x
CashNT$1.77b
EquityNT$1.86b
Total liabilitiesNT$5.38b
Total assetsNT$7.24b

Recent financial health updates

No updates

Recent updates

Some Investors May Be Willing To Look Past Answer Technology's (TWSE:3528) Soft Earnings

May 21
Some Investors May Be Willing To Look Past Answer Technology's (TWSE:3528) Soft Earnings

Financial Position Analysis

Short Term Liabilities: 3528's short term assets (NT$7.0B) exceed its short term liabilities (NT$5.4B).

Long Term Liabilities: 3528's short term assets (NT$7.0B) exceed its long term liabilities (NT$29.5M).


Debt to Equity History and Analysis

Debt Level: 3528's net debt to equity ratio (57.2%) is considered high.

Reducing Debt: 3528's debt to equity ratio has increased from 59.6% to 152.3% over the past 5 years.

Debt Coverage: 3528's debt is well covered by operating cash flow (24.1%).

Interest Coverage: 3528's interest payments on its debt are well covered by EBIT (13.9x coverage).


Balance Sheet


Discover healthy companies