DrayTek Balance Sheet Health
Financial Health criteria checks 6/6
DrayTek has a total shareholder equity of NT$1.8B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$2.1B and NT$242.9M respectively. DrayTek's EBIT is NT$225.9M making its interest coverage ratio -5.7. It has cash and short-term investments of NT$1.4B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -5.7x |
| Cash | NT$1.39b |
| Equity | NT$1.85b |
| Total liabilities | NT$242.88m |
| Total assets | NT$2.09b |
Recent financial health updates
No updates
Recent updates
We Think DrayTek's (TWSE:6216) Profit Is Only A Baseline For What They Can Achieve
Nov 12
The Returns At DrayTek (TWSE:6216) Aren't Growing
Oct 14DrayTek's (TWSE:6216) Dividend Will Be Reduced To NT$1.65
Aug 22DrayTek (TWSE:6216) Has Announced That Its Dividend Will Be Reduced To NT$1.65
Aug 08Subdued Growth No Barrier To DrayTek Corporation (TWSE:6216) With Shares Advancing 26%
Jun 11Estimating The Fair Value Of DrayTek Corporation (TPE:6216)
Mar 30The Returns On Capital At DrayTek (TPE:6216) Don't Inspire Confidence
Mar 11Should You Use DrayTek's (TPE:6216) Statutory Earnings To Analyse It?
Feb 17Consider This Before Buying DrayTek Corporation (TPE:6216) For The 6.5% Dividend
Feb 02
Is DrayTek Corporation's (TPE:6216) Stock On A Downtrend As A Result Of Its Poor Financials?
Jan 18Share Price Aside, DrayTek (TPE:6216) Has Delivered Shareholders A 11% Return.
Dec 31Here's What's Concerning About DrayTek (TPE:6216)
Dec 08Financial Position Analysis
Short Term Liabilities: 6216's short term assets (NT$1.9B) exceed its short term liabilities (NT$241.1M).
Long Term Liabilities: 6216's short term assets (NT$1.9B) exceed its long term liabilities (NT$1.8M).
Debt to Equity History and Analysis
Debt Level: 6216 is debt free.
Reducing Debt: 6216 had no debt 5 years ago.
Debt Coverage: 6216 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6216 has no debt, therefore coverage of interest payments is not a concern.