J&V Energy Technology Balance Sheet Health
Financial Health criteria checks 5/6
J&V Energy Technology has a total shareholder equity of NT$4.2B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are NT$8.8B and NT$4.6B respectively. J&V Energy Technology's EBIT is NT$831.8M making its interest coverage ratio 29.9. It has cash and short-term investments of NT$1.1B.
Key information
56.4%
Debt to equity ratio
NT$2.34b
Debt
Interest coverage ratio | 29.9x |
Cash | NT$1.10b |
Equity | NT$4.16b |
Total liabilities | NT$4.61b |
Total assets | NT$8.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6869's short term assets (NT$3.0B) exceed its short term liabilities (NT$2.4B).
Long Term Liabilities: 6869's short term assets (NT$3.0B) exceed its long term liabilities (NT$2.2B).
Debt to Equity History and Analysis
Debt Level: 6869's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: 6869's debt to equity ratio has increased from 52.4% to 56.4% over the past 5 years.
Debt Coverage: 6869's debt is well covered by operating cash flow (57.9%).
Interest Coverage: 6869's interest payments on its debt are well covered by EBIT (29.9x coverage).