Hong Tai Electric Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Hong Tai Electric Industrial has a total shareholder equity of NT$7.6B and total debt of NT$4.2M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are NT$8.5B and NT$943.2M respectively. Hong Tai Electric Industrial's EBIT is NT$606.1M making its interest coverage ratio -11.1. It has cash and short-term investments of NT$2.2B.
Key information
0.06%
Debt to equity ratio
NT$4.21m
Debt
| Interest coverage ratio | -11.1x |
| Cash | NT$2.25b |
| Equity | NT$7.55b |
| Total liabilities | NT$943.21m |
| Total assets | NT$8.50b |
Recent financial health updates
No updates
Recent updates
Hong Tai Electric Industrial (TWSE:1612) Shareholders Will Want The ROCE Trajectory To Continue
Apr 25
Investor Optimism Abounds Hong Tai Electric Industrial Co., Ltd. (TWSE:1612) But Growth Is Lacking
Mar 26Hong Tai Electric Industrial's (TPE:1612) Returns On Capital Are Heading Higher
Apr 29A Look At The Intrinsic Value Of Hong Tai Electric Industrial Co., Ltd. (TPE:1612)
Apr 08Can You Imagine How Jubilant Hong Tai Electric Industrial's (TPE:1612) Shareholders Feel About Its 157% Share Price Gain?
Mar 21Is Hong Tai Electric Industrial Co., Ltd.'s (TPE:1612) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 28Are You An Income Investor? Don't Miss Out On Hong Tai Electric Industrial Co., Ltd. (TPE:1612)
Feb 07Hong Tai Electric Industrial's (TPE:1612) Earnings Are Growing But Is There More To The Story?
Jan 21
Here’s What’s Happening With Returns At Hong Tai Electric Industrial (TPE:1612)
Jan 03Hong Tai Electric Industrial (TPE:1612) Has Gifted Shareholders With A Fantastic 163% Total Return On Their Investment
Dec 09Hong Tai Electric Industrial Co., Ltd.'s (TPE:1612) Stock Is Going Strong: Have Financials A Role To Play?
Nov 21Financial Position Analysis
Short Term Liabilities: 1612's short term assets (NT$5.2B) exceed its short term liabilities (NT$791.4M).
Long Term Liabilities: 1612's short term assets (NT$5.2B) exceed its long term liabilities (NT$151.8M).
Debt to Equity History and Analysis
Debt Level: 1612 has more cash than its total debt.
Reducing Debt: 1612's debt to equity ratio has reduced from 1.3% to 0.06% over the past 5 years.
Debt Coverage: 1612's debt is well covered by operating cash flow (8687.3%).
Interest Coverage: 1612 earns more interest than it pays, so coverage of interest payments is not a concern.