Topoint Technology Balance Sheet Health
Financial Health criteria checks 6/6
Topoint Technology has a total shareholder equity of NT$4.9B and total debt of NT$504.4M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are NT$6.7B and NT$1.8B respectively. Topoint Technology's EBIT is NT$75.6M making its interest coverage ratio -1.7. It has cash and short-term investments of NT$2.7B.
Key information
10.3%
Debt to equity ratio
NT$504.43m
Debt
| Interest coverage ratio | -1.7x |
| Cash | NT$2.66b |
| Equity | NT$4.91b |
| Total liabilities | NT$1.83b |
| Total assets | NT$6.74b |
Recent financial health updates
Recent updates
Estimating The Fair Value Of Topoint Technology Co., Ltd. (TPE:8021)
Apr 15
Topoint Technology Co., Ltd.'s (TPE:8021) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Mar 12These 4 Measures Indicate That Topoint Technology (TPE:8021) Is Using Debt Safely
Feb 18We Think Topoint Technology's (TPE:8021) Statutory Profit Might Understate Its Earnings Potential
Jan 14Is Topoint Technology Co., Ltd.'s (TPE:8021) 4.3% Dividend Worth Your Time?
Dec 30
Shareholders Of Topoint Technology (TPE:8021) Must Be Happy With Their 40% Return
Dec 15Does Topoint Technology Co., Ltd.'s (TPE:8021) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Nov 30Financial Position Analysis
Short Term Liabilities: 8021's short term assets (NT$4.4B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 8021's short term assets (NT$4.4B) exceed its long term liabilities (NT$775.6M).
Debt to Equity History and Analysis
Debt Level: 8021 has more cash than its total debt.
Reducing Debt: 8021's debt to equity ratio has reduced from 12.4% to 10.3% over the past 5 years.
Debt Coverage: 8021's debt is well covered by operating cash flow (82.8%).
Interest Coverage: 8021 earns more interest than it pays, so coverage of interest payments is not a concern.