Sunonwealth Electric Machine Industry Balance Sheet Health
Financial Health criteria checks 6/6
Sunonwealth Electric Machine Industry has a total shareholder equity of NT$7.7B and total debt of NT$941.8M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are NT$13.3B and NT$5.6B respectively. Sunonwealth Electric Machine Industry's EBIT is NT$1.5B making its interest coverage ratio -18.6. It has cash and short-term investments of NT$4.5B.
Key information
12.3%
Debt to equity ratio
NT$941.75m
Debt
| Interest coverage ratio | -18.6x |
| Cash | NT$4.45b |
| Equity | NT$7.67b |
| Total liabilities | NT$5.62b |
| Total assets | NT$13.29b |
Recent financial health updates
Does Sunonwealth Electric Machine Industry (TWSE:2421) Have A Healthy Balance Sheet?
Apr 11
Does 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 (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$10.2B) exceed its short term liabilities (NT$4.9B).
Long Term Liabilities: 2421's short term assets (NT$10.2B) exceed its long term liabilities (NT$678.7M).
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 24.9% to 12.3% over the past 5 years.
Debt Coverage: 2421's debt is well covered by operating cash flow (278.7%).
Interest Coverage: 2421 earns more interest than it pays, so coverage of interest payments is not a concern.