Posiflex Technology Balance Sheet Health
Financial Health criteria checks 5/6
Posiflex Technology has a total shareholder equity of NT$6.3B and total debt of NT$5.6B, which brings its debt-to-equity ratio to 89.2%. Its total assets and total liabilities are NT$14.9B and NT$8.5B respectively. Posiflex Technology's EBIT is NT$1.1B making its interest coverage ratio 8.1. It has cash and short-term investments of NT$3.1B.
Key information
89.2%
Debt to equity ratio
NT$5.65b
Debt
| Interest coverage ratio | 8.1x |
| Cash | NT$3.10b |
| Equity | NT$6.33b |
| Total liabilities | NT$8.53b |
| Total assets | NT$14.86b |
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
Posiflex 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$7.1B) exceed its short term liabilities (NT$3.2B).
Long Term Liabilities: 8114's short term assets (NT$7.1B) exceed its long term liabilities (NT$5.3B).
Debt to Equity History and Analysis
Debt Level: 8114's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: 8114's debt to equity ratio has reduced from 255% to 89.2% over the past 5 years.
Debt Coverage: 8114's debt is well covered by operating cash flow (36%).
Interest Coverage: 8114's interest payments on its debt are well covered by EBIT (8.1x coverage).