Evertop Wire Cable Balance Sheet Health
Financial Health criteria checks 5/6
Evertop Wire Cable has a total shareholder equity of NT$1.9B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are NT$4.2B and NT$2.3B respectively. Evertop Wire Cable's EBIT is NT$250.4M making its interest coverage ratio 6.2. It has cash and short-term investments of NT$840.5M.
Key information
56.7%
Debt to equity ratio
NT$1.08b
Debt
| Interest coverage ratio | 6.2x |
| Cash | NT$840.47m |
| Equity | NT$1.91b |
| Total liabilities | NT$2.30b |
| Total assets | NT$4.21b |
Recent financial health updates
Does Evertop Wire Cable (TPE:1616) Have A Healthy Balance Sheet?
Apr 05
We Think Evertop Wire Cable (TPE:1616) Has A Fair Chunk Of Debt
Dec 21
Recent updates
Evertop Wire Cable (TWSE:1616) Is Doing The Right Things To Multiply Its Share Price
Dec 16Evertop Wire Cable's (TWSE:1616) Solid Earnings Have Been Accounted For Conservatively
Nov 21If EPS Growth Is Important To You, Evertop Wire Cable (TWSE:1616) Presents An Opportunity
Sep 28Evertop Wire Cable (TWSE:1616) Is Doing The Right Things To Multiply Its Share Price
Jun 19Further Upside For Evertop Wire Cable Corporation (TWSE:1616) Shares Could Introduce Price Risks After 26% Bounce
Apr 29We Think Evertop Wire Cable's (TWSE:1616) Robust Earnings Are Conservative
Mar 25There Is A Reason Evertop Wire Cable Corporation's (TWSE:1616) Price Is Undemanding
Mar 13Does Evertop Wire Cable (TPE:1616) Have A Healthy Balance Sheet?
Apr 05We Think Evertop Wire Cable (TPE:1616) Has A Fair Chunk Of Debt
Dec 21Financial Position Analysis
Short Term Liabilities: 1616's short term assets (NT$3.3B) exceed its short term liabilities (NT$2.3B).
Long Term Liabilities: 1616's short term assets (NT$3.3B) exceed its long term liabilities (NT$26.1M).
Debt to Equity History and Analysis
Debt Level: 1616's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 1616's debt to equity ratio has reduced from 72% to 56.7% over the past 5 years.
Debt Coverage: 1616's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 1616's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 17:48 |
| End of Day Share Price | 2025/01/02 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Evertop Wire Cable Corporation is covered by 0 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 |
|---|