Hold-Key Electric Wire & Cable Balance Sheet Health
Financial Health criteria checks 4/6
Hold-Key Electric Wire & Cable has a total shareholder equity of NT$6.2B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are NT$7.7B and NT$1.6B respectively. Hold-Key Electric Wire & Cable's EBIT is NT$714.7M making its interest coverage ratio -17.9. It has cash and short-term investments of NT$816.2M.
Key information
16.5%
Debt to equity ratio
NT$1.01b
Debt
| Interest coverage ratio | -17.9x |
| Cash | NT$816.22m |
| Equity | NT$6.15b |
| Total liabilities | NT$1.57b |
| Total assets | NT$7.73b |
Recent financial health updates
Is Hold-Key Electric Wire & Cable (TWSE:1618) A Risky Investment?
Sep 06
Is Hold-Key Electric Wire & Cable (TWSE:1618) A Risky Investment?
May 03Recent updates
Hold-Key Electric Wire & Cable's (TWSE:1618) Promising Earnings May Rest On Soft Foundations
Nov 21Is Hold-Key Electric Wire & Cable (TWSE:1618) A Risky Investment?
Sep 06Little Excitement Around Hold-Key Electric Wire & Cable Co., Ltd's (TWSE:1618) Earnings As Shares Take 28% Pounding
Aug 06Hold-Key Electric Wire & Cable (TWSE:1618) Is Increasing Its Dividend To NT$1.00
Jun 27Is Hold-Key Electric Wire & Cable (TWSE:1618) A Risky Investment?
May 03Hold-Key Electric Wire & Cable Co., Ltd (TWSE:1618) Held Back By Insufficient Growth Even After Shares Climb 26%
Apr 09Market Cool On Hold-Key Electric Wire & Cable Co., Ltd's (TPE:1618) Earnings
Mar 28What Can The Trends At Hold-Key Electric Wire & Cable (TPE:1618) Tell Us About Their Returns?
Feb 22Hold-Key Electric Wire & Cable (TPE:1618) Has Gifted Shareholders With A Fantastic 131% Total Return On Their Investment
Dec 31Financial Position Analysis
Short Term Liabilities: 1618's short term assets (NT$3.1B) exceed its short term liabilities (NT$1.5B).
Long Term Liabilities: 1618's short term assets (NT$3.1B) exceed its long term liabilities (NT$57.3M).
Debt to Equity History and Analysis
Debt Level: 1618's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: 1618's debt to equity ratio has increased from 0% to 16.5% over the past 5 years.
Debt Coverage: 1618's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1618 earns more interest than it pays, so coverage of interest payments is not a concern.