Chieftek Precision Balance Sheet Health
Financial Health criteria checks 4/6
Chieftek Precision has a total shareholder equity of NT$2.4B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are NT$4.2B and NT$1.9B respectively. Chieftek Precision's EBIT is NT$68.7M making its interest coverage ratio 15.6. It has cash and short-term investments of NT$1.1B.
Key information
64.4%
Debt to equity ratio
NT$1.52b
Debt
| Interest coverage ratio | 15.6x |
| Cash | NT$1.06b |
| Equity | NT$2.36b |
| Total liabilities | NT$1.88b |
| Total assets | NT$4.24b |
Recent financial health updates
Chieftek Precision (TWSE:1597) Takes On Some Risk With Its Use Of Debt
Oct 18
Chieftek Precision (TWSE:1597) Takes On Some Risk With Its Use Of Debt
Jun 28Does Chieftek Precision (TPE:1597) Have A Healthy Balance Sheet?
Apr 14Recent updates
Chieftek Precision (TWSE:1597) Takes On Some Risk With Its Use Of Debt
Oct 18Subdued Growth No Barrier To Chieftek Precision Co., Ltd. (TWSE:1597) With Shares Advancing 32%
Jul 11Chieftek Precision (TWSE:1597) Takes On Some Risk With Its Use Of Debt
Jun 28Subdued Growth No Barrier To Chieftek Precision Co., Ltd.'s (TWSE:1597) Price
Mar 21Does Chieftek Precision (TPE:1597) Have A Healthy Balance Sheet?
Apr 14Is Chieftek Precision Co., Ltd. (TPE:1597) A Good Fit For Your Dividend Portfolio?
Mar 14Estimating The Intrinsic Value Of Chieftek Precision Co., Ltd. (TPE:1597)
Feb 27Here’s What’s Happening With Returns At Chieftek Precision (TPE:1597)
Feb 07
Chieftek Precision Co., Ltd.'s (TPE:1597) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 17Chieftek Precision (TPE:1597) Has Rewarded Shareholders With An Exceptional 401% Total Return On Their Investment
Dec 27At NT$86.20, Is It Time To Put Chieftek Precision Co., Ltd. (GTSM:1597) On Your Watch List?
Dec 12How Does Chieftek Precision Co., Ltd. (GTSM:1597) Fare As A Dividend Stock?
Nov 24Financial Position Analysis
Short Term Liabilities: 1597's short term assets (NT$2.0B) exceed its short term liabilities (NT$737.0M).
Long Term Liabilities: 1597's short term assets (NT$2.0B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 1597's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 1597's debt to equity ratio has increased from 44.7% to 64.4% over the past 5 years.
Debt Coverage: 1597's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 1597's interest payments on its debt are well covered by EBIT (15.6x coverage).