SynPower Balance Sheet Health
Financial Health criteria checks 4/6
SynPower has a total shareholder equity of NT$1.1B and total debt of NT$531.7M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are NT$2.3B and NT$1.2B respectively. SynPower's EBIT is NT$21.0M making its interest coverage ratio -1.6. It has cash and short-term investments of NT$546.9M.
Key information
47.5%
Debt to equity ratio
NT$531.72m
Debt
Interest coverage ratio | -1.6x |
Cash | NT$546.93m |
Equity | NT$1.12b |
Total liabilities | NT$1.21b |
Total assets | NT$2.33b |
Financial Position Analysis
Short Term Liabilities: 6658's short term assets (NT$1.4B) exceed its short term liabilities (NT$798.5M).
Long Term Liabilities: 6658's short term assets (NT$1.4B) exceed its long term liabilities (NT$407.7M).
Debt to Equity History and Analysis
Debt Level: 6658 has more cash than its total debt.
Reducing Debt: 6658's debt to equity ratio has increased from 45% to 47.5% over the past 5 years.
Debt Coverage: 6658's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 6658 earns more interest than it pays, so coverage of interest payments is not a concern.