Bestec Power Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Bestec Power Electronics has a total shareholder equity of NT$1.1B and total debt of NT$765.9M, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are NT$2.1B and NT$956.6M respectively. Bestec Power Electronics's EBIT is NT$40.5M making its interest coverage ratio -1.4. It has cash and short-term investments of NT$1.2B.
Key information
69.4%
Debt to equity ratio
NT$765.87m
Debt
| Interest coverage ratio | -1.4x |
| Cash | NT$1.21b |
| Equity | NT$1.10b |
| Total liabilities | NT$956.64m |
| Total assets | NT$2.06b |
Recent financial health updates
Recent updates
Bestec Power Electronics Co., Ltd. (TWSE:3308) Stocks Pounded By 33% But Not Lagging Industry On Growth Or Pricing
Apr 03
Bestec Power Electronics' (TWSE:3308) Earnings Aren't As Good As They Appear
Mar 22Bestec Power Electronics' (TWSE:3308) Returns On Capital Are Heading Higher
Mar 07Estimating The Intrinsic Value Of Bestec Power Electronics Co., Ltd. (TPE:3308)
Mar 01Bestec Power Electronics (TPE:3308) Has Debt But No Earnings; Should You Worry?
Jan 07
Financial Position Analysis
Short Term Liabilities: 3308's short term assets (NT$1.6B) exceed its short term liabilities (NT$593.0M).
Long Term Liabilities: 3308's short term assets (NT$1.6B) exceed its long term liabilities (NT$363.6M).
Debt to Equity History and Analysis
Debt Level: 3308 has more cash than its total debt.
Reducing Debt: 3308's debt to equity ratio has reduced from 79.3% to 69.4% over the past 5 years.
Debt Coverage: 3308's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 3308 earns more interest than it pays, so coverage of interest payments is not a concern.