Answer Technology Balance Sheet Health
Financial Health criteria checks 3/6
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 147.1%. Its total assets and total liabilities are NT$6.8B and NT$4.9B respectively. Answer Technology's EBIT is NT$327.0M making its interest coverage ratio 378.9. It has cash and short-term investments of NT$1.6B.
Key information
147.1%
Debt to equity ratio
NT$2.82b
Debt
| Interest coverage ratio | 378.9x |
| Cash | NT$1.61b |
| Equity | NT$1.92b |
| Total liabilities | NT$4.92b |
| Total assets | NT$6.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3528's short term assets (NT$6.6B) exceed its short term liabilities (NT$4.9B).
Long Term Liabilities: 3528's short term assets (NT$6.6B) exceed its long term liabilities (NT$28.4M).
Debt to Equity History and Analysis
Debt Level: 3528's net debt to equity ratio (63.2%) is considered high.
Reducing Debt: 3528's debt to equity ratio has increased from 66.7% to 147.1% over the past 5 years.
Debt Coverage: 3528's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 3528's interest payments on its debt are well covered by EBIT (378.9x coverage).