Patec Precision Industry Balance Sheet Health
Financial Health criteria checks 6/6
Patec Precision Industry has a total shareholder equity of NT$1.6B and total debt of NT$353.3M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are NT$2.5B and NT$916.0M respectively. Patec Precision Industry's EBIT is NT$180.8M making its interest coverage ratio 38. It has cash and short-term investments of NT$726.3M.
Key information
22.4%
Debt to equity ratio
NT$353.32m
Debt
| Interest coverage ratio | 38x |
| Cash | NT$726.30m |
| Equity | NT$1.58b |
| Total liabilities | NT$915.99m |
| Total assets | NT$2.49b |
Recent financial health updates
Is Patec Precision Industry (TWSE:2236) A Risky Investment?
Mar 20
Does Patec Precision Industry (TPE:2236) Have A Healthy Balance Sheet?
Feb 21Recent updates
There May Be Underlying Issues With The Quality Of Patec Precision Industry's (TWSE:2236) Earnings
Mar 25Is Patec Precision Industry (TWSE:2236) A Risky Investment?
Mar 20Patec Precision Industry (TPE:2236) Is Reinvesting At Lower Rates Of Return
Apr 01Does Patec Precision Industry (TPE:2236) Have A Healthy Balance Sheet?
Feb 21Is Patec Precision Industry (TPE:2236) Set To Make A Turnaround?
Dec 30
Financial Position Analysis
Short Term Liabilities: 2236's short term assets (NT$1.9B) exceed its short term liabilities (NT$504.6M).
Long Term Liabilities: 2236's short term assets (NT$1.9B) exceed its long term liabilities (NT$411.4M).
Debt to Equity History and Analysis
Debt Level: 2236 has more cash than its total debt.
Reducing Debt: 2236's debt to equity ratio has reduced from 28.2% to 22.4% over the past 5 years.
Debt Coverage: 2236's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 2236's interest payments on its debt are well covered by EBIT (38x coverage).