Min Aik Precision Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Min Aik Precision Industrial has a total shareholder equity of NT$1.9B and total debt of NT$520.0M, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are NT$3.1B and NT$1.2B respectively. Min Aik Precision Industrial's EBIT is NT$87.5M making its interest coverage ratio 22.2. It has cash and short-term investments of NT$913.5M.
Key information
27.9%
Debt to equity ratio
NT$520.00m
Debt
| Interest coverage ratio | 22.2x |
| Cash | NT$913.45m |
| Equity | NT$1.86b |
| Total liabilities | NT$1.20b |
| Total assets | NT$3.06b |
Recent financial health updates
These 4 Measures Indicate That Min Aik Precision Industrial (TWSE:4545) Is Using Debt Reasonably Well
Apr 10
Is Min Aik Precision Industrial (TPE:4545) Using Too Much Debt?
Jan 14
Recent updates
These 4 Measures Indicate That Min Aik Precision Industrial (TWSE:4545) Is Using Debt Reasonably Well
Apr 10Some Investors May Be Willing To Look Past Min Aik Precision Industrial's (TWSE:4545) Soft Earnings
Mar 14Earnings Not Telling The Story For Min Aik Precision Industrial Co., Ltd. (TPE:4545)
Apr 05Has Min Aik Precision Industrial (TPE:4545) Got What It Takes To Become A Multi-Bagger?
Mar 18Is Min Aik Precision Industrial Co., Ltd.'s (TPE:4545) Stock On A Downtrend As A Result Of Its Poor Financials?
Feb 25Min Aik Precision Industrial's(TPE:4545) Share Price Is Down 61% Over The Past Five Years.
Feb 04Is Min Aik Precision Industrial (TPE:4545) Using Too Much Debt?
Jan 14Are Dividend Investors Getting More Than They Bargained For With Min Aik Precision Industrial Co., Ltd.'s (TPE:4545) Dividend?
Dec 24Returns On Capital At Min Aik Precision Industrial (TPE:4545) Paint An Interesting Picture
Dec 04Financial Position Analysis
Short Term Liabilities: 4545's short term assets (NT$1.8B) exceed its short term liabilities (NT$944.7M).
Long Term Liabilities: 4545's short term assets (NT$1.8B) exceed its long term liabilities (NT$256.4M).
Debt to Equity History and Analysis
Debt Level: 4545 has more cash than its total debt.
Reducing Debt: 4545's debt to equity ratio has reduced from 43.1% to 27.9% over the past 5 years.
Debt Coverage: 4545's debt is well covered by operating cash flow (109.5%).
Interest Coverage: 4545's interest payments on its debt are well covered by EBIT (22.2x coverage).