WT Microelectronics Balance Sheet Health
Financial Health criteria checks 5/6
WT Microelectronics has a total shareholder equity of NT$98.0B and total debt of NT$115.4B, which brings its debt-to-equity ratio to 117.8%. Its total assets and total liabilities are NT$400.9B and NT$302.9B respectively. WT Microelectronics's EBIT is NT$11.1B making its interest coverage ratio 6.8. It has cash and short-term investments of NT$47.2B.
Key information
117.8%
Debt to equity ratio
NT$115.40b
Debt
Interest coverage ratio | 6.8x |
Cash | NT$47.21b |
Equity | NT$97.98b |
Total liabilities | NT$302.91b |
Total assets | NT$400.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTMS's short term assets (NT$341.4B) exceed its short term liabilities (NT$215.6B).
Long Term Liabilities: WTMS's short term assets (NT$341.4B) exceed its long term liabilities (NT$87.3B).
Debt to Equity History and Analysis
Debt Level: WTMS's net debt to equity ratio (69.6%) is considered high.
Reducing Debt: WTMS's debt to equity ratio has reduced from 146.2% to 117.8% over the past 5 years.
Debt Coverage: WTMS's debt is well covered by operating cash flow (43.8%).
Interest Coverage: WTMS's interest payments on its debt are well covered by EBIT (6.8x coverage).