Answer Technology Balance Sheet Health
Financial Health criteria checks 4/6
Answer Technology has a total shareholder equity of NT$1.8B and total debt of NT$2.4B, which brings its debt-to-equity ratio to 135.7%. Its total assets and total liabilities are NT$6.4B and NT$4.6B respectively. Answer Technology's EBIT is NT$371.2M making its interest coverage ratio 4.6. It has cash and short-term investments of NT$1.1B.
Key information
135.7%
Debt to equity ratio
NT$2.38b
Debt
Interest coverage ratio | 4.6x |
Cash | NT$1.12b |
Equity | NT$1.76b |
Total liabilities | NT$4.62b |
Total assets | NT$6.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3528's short term assets (NT$6.2B) exceed its short term liabilities (NT$4.6B).
Long Term Liabilities: 3528's short term assets (NT$6.2B) exceed its long term liabilities (NT$31.6M).
Debt to Equity History and Analysis
Debt Level: 3528's net debt to equity ratio (72.2%) is considered high.
Reducing Debt: 3528's debt to equity ratio has increased from 50% to 135.7% over the past 5 years.
Debt Coverage: 3528's debt is well covered by operating cash flow (57.3%).
Interest Coverage: 3528's interest payments on its debt are well covered by EBIT (4.6x coverage).