Hua Eng Wire & Cable Balance Sheet Health
Financial Health criteria checks 5/6
Hua Eng Wire & Cable has a total shareholder equity of NT$8.9B and total debt of NT$3.1B, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are NT$13.9B and NT$5.0B respectively. Hua Eng Wire & Cable's EBIT is NT$701.3M making its interest coverage ratio -3.9. It has cash and short-term investments of NT$1.4B.
Key information
34.9%
Debt to equity ratio
NT$3.11b
Debt
| Interest coverage ratio | -3.9x |
| Cash | NT$1.41b |
| Equity | NT$8.92b |
| Total liabilities | NT$5.01b |
| Total assets | NT$13.93b |
Recent financial health updates
Recent updates
Hua Eng Wire & Cable's (TWSE:1608) Profits May Not Reveal Underlying Issues
Nov 14
Little Excitement Around Hua Eng Wire & Cable Co., Ltd.'s (TWSE:1608) Earnings
Aug 07Hua Eng Wire & Cable (TWSE:1608) Will Pay A Larger Dividend Than Last Year At NT$1.00
Jun 22Hua Eng Wire & Cable's (TWSE:1608) Profits May Not Reveal Underlying Issues
Mar 15Hua Eng Wire & Cable Co., Ltd. (TWSE:1608) Held Back By Insufficient Growth Even After Shares Climb 28%
Mar 14Is Hua Eng Wire & Cable Co., Ltd. (TPE:1608) At Risk Of Cutting Its Dividend?
Apr 05Is Hua Eng Wire & Cable (TPE:1608) A Risky Investment?
Mar 18What Do The Returns At Hua Eng Wire & Cable (TPE:1608) Mean Going Forward?
Feb 28Here's Why We Don't Think Hua Eng Wire & Cable's (TPE:1608) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 10
Shareholders Of Hua Eng Wire & Cable (TPE:1608) Must Be Happy With Their 102% Total Return
Jan 23Hua Eng Wire & Cable Co., Ltd.'s (TPE:1608) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 05Should You Or Shouldn't You: A Dividend Analysis on Hua Eng Wire & Cable Co., Ltd. (TPE:1608)
Dec 21Insufficient Growth At Hua Eng Wire & Cable Co., Ltd. (TPE:1608) Hampers Share Price
Dec 06Returns On Capital - An Important Metric For Hua Eng Wire & Cable (TPE:1608)
Nov 18Financial Position Analysis
Short Term Liabilities: 1608's short term assets (NT$7.5B) exceed its short term liabilities (NT$4.0B).
Long Term Liabilities: 1608's short term assets (NT$7.5B) exceed its long term liabilities (NT$967.1M).
Debt to Equity History and Analysis
Debt Level: 1608's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: 1608's debt to equity ratio has increased from 32.3% to 34.9% over the past 5 years.
Debt Coverage: 1608's debt is well covered by operating cash flow (39.9%).
Interest Coverage: 1608 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 01:43 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hua Eng Wire & Cable Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harikumar Sirigibattina | Virtua Research Inc. |