Parade Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Parade Technologies has a total shareholder equity of NT$18.3B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$20.5B and NT$2.2B respectively. Parade Technologies's EBIT is NT$3.8B making its interest coverage ratio -34.8. It has cash and short-term investments of NT$5.6B.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -34.8x |
Cash | NT$5.64b |
Equity | NT$18.29b |
Total liabilities | NT$2.21b |
Total assets | NT$20.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTCY.Z's short term assets (NT$11.8B) exceed its short term liabilities (NT$2.1B).
Long Term Liabilities: PTCY.Z's short term assets (NT$11.8B) exceed its long term liabilities (NT$83.0M).
Debt to Equity History and Analysis
Debt Level: PTCY.Z is debt free.
Reducing Debt: PTCY.Z has not had any debt for past 5 years.
Debt Coverage: PTCY.Z has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTCY.Z has no debt, therefore coverage of interest payments is not a concern.