Zimmite Taiwan Balance Sheet Health
Financial Health criteria checks 5/6
Zimmite Taiwan has a total shareholder equity of NT$743.1M and total debt of NT$50.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are NT$969.8M and NT$226.6M respectively. Zimmite Taiwan's EBIT is NT$168.3M making its interest coverage ratio -10. It has cash and short-term investments of NT$550.1M.
Key information
6.7%
Debt to equity ratio
NT$50.00m
Debt
| Interest coverage ratio | -10x |
| Cash | NT$550.09m |
| Equity | NT$743.13m |
| Total liabilities | NT$226.65m |
| Total assets | NT$969.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8435's short term assets (NT$763.3M) exceed its short term liabilities (NT$199.6M).
Long Term Liabilities: 8435's short term assets (NT$763.3M) exceed its long term liabilities (NT$27.0M).
Debt to Equity History and Analysis
Debt Level: 8435 has more cash than its total debt.
Reducing Debt: 8435's debt to equity ratio has increased from 0% to 6.7% over the past 5 years.
Debt Coverage: 8435's debt is well covered by operating cash flow (381.8%).
Interest Coverage: 8435 earns more interest than it pays, so coverage of interest payments is not a concern.