Ventec International GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ventec International GroupLtd has a total shareholder equity of NT$3.2B and total debt of NT$103.2M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are NT$4.7B and NT$1.4B respectively. Ventec International GroupLtd's EBIT is NT$482.7M making its interest coverage ratio -29.5. It has cash and short-term investments of NT$895.0M.
Key information
3.2%
Debt to equity ratio
NT$103.24m
Debt
| Interest coverage ratio | -29.5x |
| Cash | NT$895.04m |
| Equity | NT$3.22b |
| Total liabilities | NT$1.45b |
| Total assets | NT$4.66b |
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
Ventec 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$3.0B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 6672's short term assets (NT$3.0B) exceed its long term liabilities (NT$392.1M).
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 59.7% to 3.2% over the past 5 years.
Debt Coverage: 6672's debt is well covered by operating cash flow (719.7%).
Interest Coverage: 6672 earns more interest than it pays, so coverage of interest payments is not a concern.