Phihong Technology Balance Sheet Health
Financial Health criteria checks 5/6
Phihong Technology has a total shareholder equity of NT$9.9B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are NT$15.4B and NT$5.6B respectively.
Key information
16.5%
Debt to equity ratio
NT$1.63b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$5.55b |
| Equity | NT$9.88b |
| Total liabilities | NT$5.57b |
| Total assets | NT$15.44b |
Recent financial health updates
Recent updates
We Think That There Are More Issues For Phihong Technology (TWSE:2457) Than Just Sluggish Earnings
Nov 18
Phihong Technology Co., Ltd. (TWSE:2457) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Aug 06Phihong Technology's (TWSE:2457) Returns On Capital Are Heading Higher
Jul 19Phihong Technology (TWSE:2457) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 15Health Check: How Prudently Does Phihong Technology (TPE:2457) Use Debt?
Feb 15If You Had Bought Phihong Technology (TPE:2457) Shares A Year Ago You'd Have Earned 59% Returns
Dec 24Financial Position Analysis
Short Term Liabilities: 2457's short term assets (NT$10.2B) exceed its short term liabilities (NT$4.5B).
Long Term Liabilities: 2457's short term assets (NT$10.2B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 2457 has more cash than its total debt.
Reducing Debt: 2457's debt to equity ratio has reduced from 22.8% to 16.5% over the past 5 years.
Debt Coverage: 2457's debt is well covered by operating cash flow (27.7%).
Interest Coverage: Insufficient data to determine if 2457's interest payments on its debt are well covered by EBIT.