Ventec International GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ventec International GroupLtd has a total shareholder equity of NT$3.4B and total debt of NT$90.6M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are NT$4.7B and NT$1.4B respectively. Ventec International GroupLtd's EBIT is NT$384.4M making its interest coverage ratio -10.5. It has cash and short-term investments of NT$1.1B.
Key information
2.7%
Debt to equity ratio
NT$90.61m
Debt
| Interest coverage ratio | -10.5x |
| Cash | NT$1.12b |
| Equity | NT$3.38b |
| Total liabilities | NT$1.36b |
| Total assets | NT$4.73b |
Recent financial health updates
Is Ventec International GroupLtd (TPE:6672) A Risky Investment?
Mar 04
Ventec International GroupLtd (TPE:6672) Could Easily Take On More Debt
Nov 25Recent updates
We Like Ventec International GroupLtd's (TWSE:6672) Earnings For More Than Just Statutory Profit
May 21Ventec International GroupLtd (TPE:6672) Shareholders Will Want The ROCE Trajectory To Continue
Mar 22Is Ventec International GroupLtd (TPE:6672) A Risky Investment?
Mar 04Ventec International Group Co.,Ltd. (TPE:6672) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 20
A Look At Ventec International GroupLtd's (TPE:6672) Share Price Returns
Dec 31Ventec International GroupLtd (TPE:6672): Are Investors Overlooking Returns On Capital?
Dec 14Ventec International GroupLtd (TPE:6672) Could Easily Take On More Debt
Nov 25Financial Position Analysis
Short Term Liabilities: 6672's short term assets (NT$3.2B) exceed its short term liabilities (NT$949.4M).
Long Term Liabilities: 6672's short term assets (NT$3.2B) exceed its long term liabilities (NT$407.1M).
Debt to Equity History and Analysis
Debt Level: 6672 has more cash than its total debt.
Reducing Debt: 6672's debt to equity ratio has reduced from 17.6% to 2.7% over the past 5 years.
Debt Coverage: 6672's debt is well covered by operating cash flow (767.5%).
Interest Coverage: 6672 earns more interest than it pays, so coverage of interest payments is not a concern.