M3 Technology Balance Sheet Health
Financial Health criteria checks 6/6
M3 Technology has a total shareholder equity of NT$1.5B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.7B and NT$172.3M respectively. M3 Technology's EBIT is NT$180.8M making its interest coverage ratio -8.1. It has cash and short-term investments of NT$1.2B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -8.1x |
| Cash | NT$1.18b |
| Equity | NT$1.52b |
| Total liabilities | NT$172.27m |
| Total assets | NT$1.69b |
Recent financial health updates
No updates
Recent updates
Some May Be Optimistic About M3 Technology's (TWSE:6799) Earnings
Nov 06
Subdued Growth No Barrier To M3 Technology Inc.'s (TWSE:6799) Price
Jul 22When Should You Buy M3 Technology Inc. (TWSE:6799)?
Jun 14Need To Know: Analysts Just Made A Substantial Cut To Their M3 Technology Inc. (TWSE:6799) Estimates
May 09M3 Technology (TWSE:6799) Shareholders Will Want The ROCE Trajectory To Continue
Apr 19Is There Now An Opportunity In M3 Technology Inc. (TWSE:6799)?
Mar 02M3 Technology's (GTSM:6799) Earnings Are Of Questionable Quality
Mar 21Financial Position Analysis
Short Term Liabilities: 6799's short term assets (NT$1.5B) exceed its short term liabilities (NT$170.9M).
Long Term Liabilities: 6799's short term assets (NT$1.5B) exceed its long term liabilities (NT$1.4M).
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 3.6%.
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.