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$6.0B and total debt of NT$587.4M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are NT$7.5B and NT$1.5B respectively. Hold-Key Electric Wire & Cable's EBIT is NT$566.3M making its interest coverage ratio -10. It has cash and short-term investments of NT$749.8M.
Key information
9.8%
Debt to equity ratio
NT$587.37m
Debt
| Interest coverage ratio | -10x |
| Cash | NT$749.79m |
| Equity | NT$5.98b |
| Total liabilities | NT$1.51b |
| Total assets | NT$7.49b |
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
Is 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$3.0B) exceed its short term liabilities (NT$1.5B).
Long Term Liabilities: 1618's short term assets (NT$3.0B) exceed its long term liabilities (NT$47.5M).
Debt to Equity History and Analysis
Debt Level: 1618 has more cash than its total debt.
Reducing Debt: 1618's debt to equity ratio has increased from 0% to 9.8% over the past 5 years.
Debt Coverage: 1618's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 1618 earns more interest than it pays, so coverage of interest payments is not a concern.