SynPower Balance Sheet Health
Financial Health criteria checks 4/6
SynPower has a total shareholder equity of NT$1.2B and total debt of NT$772.6M, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are NT$2.6B and NT$1.4B respectively. SynPower's EBIT is NT$19.8M making its interest coverage ratio -1.5. It has cash and short-term investments of NT$531.2M.
Key information
65.6%
Debt to equity ratio
NT$772.57m
Debt
| Interest coverage ratio | -1.5x |
| Cash | NT$531.20m |
| Equity | NT$1.18b |
| Total liabilities | NT$1.38b |
| Total assets | NT$2.55b |
Recent financial health updates
Recent updates
What SynPower Co., Ltd.'s (TWSE:6658) 28% Share Price Gain Is Not Telling You
Oct 15
SynPower Co., Ltd.'s (TWSE:6658) 33% Share Price Surge Not Quite Adding Up
Aug 28SynPower's (TWSE:6658) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Aug 19Here's Why SynPower (TWSE:6658) Has A Meaningful Debt Burden
Jul 25There's Reason For Concern Over SynPower Co., Ltd.'s (TWSE:6658) Massive 27% Price Jump
Jun 29Financial Position Analysis
Short Term Liabilities: 6658's short term assets (NT$1.5B) exceed its short term liabilities (NT$842.5M).
Long Term Liabilities: 6658's short term assets (NT$1.5B) exceed its long term liabilities (NT$534.1M).
Debt to Equity History and Analysis
Debt Level: 6658's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: 6658's debt to equity ratio has increased from 42.8% to 65.6% over the past 5 years.
Debt Coverage: 6658's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6658 earns more interest than it pays, so coverage of interest payments is not a concern.