Sunonwealth Electric Machine Industry Balance Sheet Health
Financial Health criteria checks 6/6
Sunonwealth Electric Machine Industry has a total shareholder equity of NT$7.5B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are NT$14.1B and NT$6.7B respectively. Sunonwealth Electric Machine Industry's EBIT is NT$1.6B making its interest coverage ratio -15.4. It has cash and short-term investments of NT$4.2B.
Key information
22.6%
Debt to equity ratio
NT$1.68b
Debt
| Interest coverage ratio | -15.4x |
| Cash | NT$4.22b |
| Equity | NT$7.45b |
| Total liabilities | NT$6.66b |
| Total assets | NT$14.11b |
Recent financial health updates
Is Sunonwealth Electric Machine Industry (TWSE:2421) Using Too Much Debt?
Sep 04
Does Sunonwealth Electric Machine Industry (TWSE:2421) Have A Healthy Balance Sheet?
Apr 11Does Sunonwealth Electric Machine Industry (TPE:2421) Have A Healthy Balance Sheet?
Feb 22We Think Sunonwealth Electric Machine Industry (TPE:2421) Can Manage Its Debt With Ease
Nov 18Recent updates
Sunonwealth Electric Machine Industry's (TWSE:2421) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 18Earnings Miss: Sunonwealth Electric Machine Industry Co., Ltd. Missed EPS By 18% And Analysts Are Revising Their Forecasts
Nov 13What Does Sunonwealth Electric Machine Industry Co., Ltd.'s (TWSE:2421) Share Price Indicate?
Oct 31Fewer Investors Than Expected Jumping On Sunonwealth Electric Machine Industry Co., Ltd. (TWSE:2421)
Oct 11Is Sunonwealth Electric Machine Industry (TWSE:2421) Using Too Much Debt?
Sep 04NT$134: That's What Analysts Think Sunonwealth Electric Machine Industry Co., Ltd. (TWSE:2421) Is Worth After Its Latest Results
Aug 11Estimating The Intrinsic Value Of Sunonwealth Electric Machine Industry Co., Ltd. (TWSE:2421)
Aug 01Sunonwealth Electric Machine Industry (TWSE:2421) Has Announced That It Will Be Increasing Its Dividend To NT$3.50
Jun 19Is It Too Late To Consider Buying Sunonwealth Electric Machine Industry Co., Ltd. (TWSE:2421)?
May 31Earnings Miss: Sunonwealth Electric Machine Industry Co., Ltd. Missed EPS By 7.0% And Analysts Are Revising Their Forecasts
May 07Sunonwealth Electric Machine Industry (TWSE:2421) Is Experiencing Growth In Returns On Capital
Apr 23Does Sunonwealth Electric Machine Industry (TWSE:2421) Have A Healthy Balance Sheet?
Apr 11Here's Why Sunonwealth Electric Machine Industry (TWSE:2421) Has Caught The Eye Of Investors
Mar 28We Think Sunonwealth Electric Machine Industry's (TWSE:2421) Healthy Earnings Might Be Conservative
Mar 14Sunonwealth Electric Machine Industry Co., Ltd. Just Missed EPS By 9.6%: Here's What Analysts Think Will Happen Next
Mar 10Is It Too Late To Consider Buying Sunonwealth Electric Machine Industry Co., Ltd. (TWSE:2421)?
Feb 29Is Sunonwealth Electric Machine Industry Co., Ltd. (TPE:2421) Worth NT$53.5 Based On Its Intrinsic Value?
Apr 23Here's How We Evaluate Sunonwealth Electric Machine Industry Co., Ltd.'s (TPE:2421) Dividend
Mar 30Will Weakness in Sunonwealth Electric Machine Industry Co., Ltd.'s (TPE:2421) Stock Prove Temporary Given Strong Fundamentals?
Mar 18Here's Why I Think Sunonwealth Electric Machine Industry (TPE:2421) Might Deserve Your Attention Today
Mar 06Does Sunonwealth Electric Machine Industry (TPE:2421) Have A Healthy Balance Sheet?
Feb 22What Is Sunonwealth Electric Machine Industry Co., Ltd.'s (TPE:2421) Share Price Doing?
Feb 10Should You Invest In Sunonwealth Electric Machine Industry (TPE:2421)?
Jan 29Sunonwealth Electric Machine Industry Co., Ltd. (TPE:2421) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jan 17Shareholders of Sunonwealth Electric Machine Industry (TPE:2421) Must Be Delighted With Their 311% Total Return
Jan 05Sunonwealth Electric Machine Industry Co., Ltd. (TPE:2421) Is Yielding 3.8% - But Is It A Buy?
Dec 24Sunonwealth Electric Machine Industry Co., Ltd. (TPE:2421) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Dec 12Is Now The Time To Put Sunonwealth Electric Machine Industry (TPE:2421) On Your Watchlist?
Nov 30
We Think Sunonwealth Electric Machine Industry (TPE:2421) Can Manage Its Debt With Ease
Nov 18Financial Position Analysis
Short Term Liabilities: 2421's short term assets (NT$10.7B) exceed its short term liabilities (NT$5.7B).
Long Term Liabilities: 2421's short term assets (NT$10.7B) exceed its long term liabilities (NT$951.0M).
Debt to Equity History and Analysis
Debt Level: 2421 has more cash than its total debt.
Reducing Debt: 2421's debt to equity ratio has reduced from 23.6% to 22.6% over the past 5 years.
Debt Coverage: 2421's debt is well covered by operating cash flow (93%).
Interest Coverage: 2421 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:26 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Sunonwealth Electric Machine Industry Co., Ltd. is covered by 11 analysts. 4 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 |
|---|---|
| Meizhen Wang | Capital Securities Corporation |
| Helen Chien | Daiwa Securities Co. Ltd. |
| Frank Lin | Deutsche Bank |