Posiflex Technology Balance Sheet Health
Financial Health criteria checks 6/6
Posiflex Technology has a total shareholder equity of NT$6.9B and total debt of NT$5.9B, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are NT$16.6B and NT$9.7B respectively. Posiflex Technology's EBIT is NT$1.7B making its interest coverage ratio 14.7. It has cash and short-term investments of NT$3.4B.
Key information
85.6%
Debt to equity ratio
NT$5.91b
Debt
| Interest coverage ratio | 14.7x |
| Cash | NT$3.36b |
| Equity | NT$6.90b |
| Total liabilities | NT$9.72b |
| Total assets | NT$16.62b |
Recent financial health updates
Posiflex Technology (TWSE:8114) Seems To Use Debt Quite Sensibly
Feb 26
These 4 Measures Indicate That Posiflex Technology (TPE:8114) Is Using Debt Extensively
Jan 14Recent updates
Why Investors Shouldn't Be Surprised By Posiflex Technology, Inc.'s (TWSE:8114) 33% Share Price Surge
Nov 15Posiflex Technology (TWSE:8114) Is Paying Out Less In Dividends Than Last Year
Jun 28Posiflex Technology (TWSE:8114) Has Some Way To Go To Become A Multi-Bagger
Jun 27Posiflex Technology, Inc. (TWSE:8114) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
Jun 11Posiflex Technology's (TWSE:8114) Soft Earnings Are Actually Better Than They Appear
Mar 21Posiflex Technology (TWSE:8114) Seems To Use Debt Quite Sensibly
Feb 26Investors In Posiflex Technology, Inc. (TPE:8114) Should Consider This, First
Apr 14Returns On Capital At Posiflex Technology (TPE:8114) Paint An Interesting Picture
Feb 24Should You Be Concerned About Posiflex Technology, Inc.'s (TPE:8114) ROE?
Feb 04
These 4 Measures Indicate That Posiflex Technology (TPE:8114) Is Using Debt Extensively
Jan 14Posiflex Technology (TPE:8114) Share Prices Have Dropped 47% In The Last Five Years
Dec 15Something To Consider Before Buying Posiflex Technology, Inc. (TPE:8114) For The 5.7% Dividend
Nov 27Financial Position Analysis
Short Term Liabilities: 8114's short term assets (NT$8.8B) exceed its short term liabilities (NT$4.3B).
Long Term Liabilities: 8114's short term assets (NT$8.8B) exceed its long term liabilities (NT$5.4B).
Debt to Equity History and Analysis
Debt Level: 8114's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: 8114's debt to equity ratio has reduced from 276% to 85.6% over the past 5 years.
Debt Coverage: 8114's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 8114's interest payments on its debt are well covered by EBIT (14.7x coverage).