Taiwan Line Tek Electronic Balance Sheet Health
Financial Health criteria checks 4/6
Taiwan Line Tek Electronic has a total shareholder equity of NT$3.1B and total debt of NT$1.4B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are NT$6.0B and NT$2.9B respectively. Taiwan Line Tek Electronic's EBIT is NT$107.2M making its interest coverage ratio -31.9. It has cash and short-term investments of NT$679.0M.
Key information
44.8%
Debt to equity ratio
NT$1.40b
Debt
| Interest coverage ratio | -31.9x |
| Cash | NT$679.00m |
| Equity | NT$3.12b |
| Total liabilities | NT$2.86b |
| Total assets | NT$5.99b |
Recent financial health updates
Taiwan Line Tek Electronic (TPE:2462) Seems To Use Debt Rather Sparingly
Mar 19
Is Taiwan Line Tek Electronic (TPE:2462) Using Too Much Debt?
Dec 07
Recent updates
Not Many Are Piling Into Taiwan Line Tek Electronic Co., Ltd. (TWSE:2462) Just Yet
Jul 22Taiwan Line Tek Electronic (TPE:2462) Seems To Use Debt Rather Sparingly
Mar 19We Like These Underlying Trends At Taiwan Line Tek Electronic (TPE:2462)
Mar 01Should You Or Shouldn't You: A Dividend Analysis on Taiwan Line Tek Electronic Co., Ltd. (TPE:2462)
Feb 11Should Taiwan Line Tek Electronic (TPE:2462) Be Disappointed With Their 87% Profit?
Jan 27Taiwan Line Tek Electronic Co., Ltd.'s (TPE:2462) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Jan 11We're Not So Sure You Should Rely on Taiwan Line Tek Electronic's (TPE:2462) Statutory Earnings
Dec 24Is Taiwan Line Tek Electronic (TPE:2462) Using Too Much Debt?
Dec 07Returns On Capital - An Important Metric For Taiwan Line Tek Electronic (TPE:2462)
Nov 22Financial Position Analysis
Short Term Liabilities: 2462's short term assets (NT$3.4B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 2462's short term assets (NT$3.4B) exceed its long term liabilities (NT$679.7M).
Debt to Equity History and Analysis
Debt Level: 2462's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 2462's debt to equity ratio has increased from 37% to 44.8% over the past 5 years.
Debt Coverage: 2462's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2462 earns more interest than it pays, so coverage of interest payments is not a concern.