Patec Precision Industry Balance Sheet Health
Financial Health criteria checks 6/6
Patec Precision Industry has a total shareholder equity of NT$1.7B and total debt of NT$297.6M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are NT$2.5B and NT$870.3M respectively. Patec Precision Industry's EBIT is NT$133.6M making its interest coverage ratio 50.1. It has cash and short-term investments of NT$817.7M.
Key information
17.9%
Debt to equity ratio
NT$297.57m
Debt
Interest coverage ratio | 50.1x |
Cash | NT$817.67m |
Equity | NT$1.66b |
Total liabilities | NT$870.33m |
Total assets | NT$2.53b |
Recent financial health updates
Is Patec Precision Industry (TWSE:2236) A Risky Investment?
Mar 20Does 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 30Financial Position Analysis
Short Term Liabilities: 2236's short term assets (NT$2.0B) exceed its short term liabilities (NT$510.6M).
Long Term Liabilities: 2236's short term assets (NT$2.0B) exceed its long term liabilities (NT$359.8M).
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 28.6% to 17.9% over the past 5 years.
Debt Coverage: 2236's debt is well covered by operating cash flow (21.1%).
Interest Coverage: 2236's interest payments on its debt are well covered by EBIT (50.1x coverage).