Whetron ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Whetron ElectronicsLtd has a total shareholder equity of NT$2.0B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are NT$4.6B and NT$2.7B respectively. Whetron ElectronicsLtd's EBIT is NT$124.4M making its interest coverage ratio 3.5. It has cash and short-term investments of NT$503.2M.
Key information
62.3%
Debt to equity ratio
NT$1.22b
Debt
Interest coverage ratio | 3.5x |
Cash | NT$503.17m |
Equity | NT$1.95b |
Total liabilities | NT$2.68b |
Total assets | NT$4.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6722's short term assets (NT$2.6B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 6722's short term assets (NT$2.6B) exceed its long term liabilities (NT$757.8M).
Debt to Equity History and Analysis
Debt Level: 6722's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6722's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6722's debt is well covered by operating cash flow (51.2%).
Interest Coverage: 6722's interest payments on its debt are well covered by EBIT (3.5x coverage).