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$626.4M, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are NT$2.6B and NT$1.5B respectively. SynPower's EBIT is NT$40.4M making its interest coverage ratio -3.1. It has cash and short-term investments of NT$692.1M.
Key information
55.3%
Debt to equity ratio
NT$626.39m
Debt
Interest coverage ratio | -3.1x |
Cash | NT$692.13m |
Equity | NT$1.13b |
Total liabilities | NT$1.46b |
Total assets | NT$2.60b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6658's short term assets (NT$1.6B) exceed its short term liabilities (NT$1.0B).
Long Term Liabilities: 6658's short term assets (NT$1.6B) exceed its long term liabilities (NT$430.3M).
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 55.3% over the past 5 years.
Debt Coverage: 6658's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 6658 earns more interest than it pays, so coverage of interest payments is not a concern.