M3 Technology Balance Sheet Health
Financial Health criteria checks 6/6
M3 Technology has a total shareholder equity of NT$1.3B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.6B and NT$325.1M respectively. M3 Technology's EBIT is NT$247.0M making its interest coverage ratio -16.2. It has cash and short-term investments of NT$1.2B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -16.2x |
| Cash | NT$1.15b |
| Equity | NT$1.31b |
| Total liabilities | NT$325.11m |
| Total assets | NT$1.64b |
Financial Position Analysis
Short Term Liabilities: 6799's short term assets (NT$1.4B) exceed its short term liabilities (NT$319.2M).
Long Term Liabilities: 6799's short term assets (NT$1.4B) exceed its long term liabilities (NT$6.0M).
Debt to Equity History and Analysis
Debt Level: 6799 is debt free.
Reducing Debt: 6799 has no debt compared to 5 years ago when its debt to equity ratio was 7.5%.
Debt Coverage: 6799 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6799 has no debt, therefore coverage of interest payments is not a concern.