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$5.0B and total debt of NT$542.2M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are NT$6.2B and NT$1.1B respectively. Hold-Key Electric Wire & Cable's EBIT is NT$451.6M making its interest coverage ratio -10.5. It has cash and short-term investments of NT$390.3M.
Key information
10.7%
Debt to equity ratio
NT$542.23m
Debt
| Interest coverage ratio | -10.5x |
| Cash | NT$390.28m |
| Equity | NT$5.05b |
| Total liabilities | NT$1.11b |
| Total assets | NT$6.16b |
Recent financial health updates
Recent updates
Is Hold-Key Electric Wire & Cable (TWSE:1618) A Risky Investment?
May 03
Hold-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$2.8B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 1618's short term assets (NT$2.8B) exceed its long term liabilities (NT$46.6M).
Debt to Equity History and Analysis
Debt Level: 1618's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: 1618's debt to equity ratio has increased from 0% to 10.7% 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.