AcBel Polytech Balance Sheet Health
Financial Health criteria checks 5/6
AcBel Polytech has a total shareholder equity of NT$23.0B and total debt of NT$12.3B, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are NT$51.1B and NT$28.1B respectively. AcBel Polytech's EBIT is NT$173.0M making its interest coverage ratio 32.8. It has cash and short-term investments of NT$8.2B.
Key information
53.2%
Debt to equity ratio
NT$12.26b
Debt
Interest coverage ratio | 32.8x |
Cash | NT$8.25b |
Equity | NT$23.02b |
Total liabilities | NT$28.07b |
Total assets | NT$51.09b |
Recent financial health updates
We Think AcBel Polytech (TWSE:6282) Is Taking Some Risk With Its Debt
Jun 18AcBel Polytech (TPE:6282) Seems To Use Debt Quite Sensibly
Mar 10Here's Why AcBel Polytech (TPE:6282) Can Manage Its Debt Responsibly
Nov 30Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For AcBel Polytech (TWSE:6282)
Aug 15AcBel Polytech (TWSE:6282) Will Want To Turn Around Its Return Trends
Jul 22We Think AcBel Polytech (TWSE:6282) Is Taking Some Risk With Its Debt
Jun 18Investors Will Want AcBel Polytech's (TWSE:6282) Growth In ROCE To Persist
Feb 29At NT$29.45, Is AcBel Polytech Inc. (TPE:6282) Worth Looking At Closely?
Apr 30Should AcBel Polytech Inc. (TPE:6282) Be Part Of Your Dividend Portfolio?
Apr 12AcBel Polytech (TPE:6282) Seems To Use Debt Quite Sensibly
Mar 10Has AcBel Polytech (TPE:6282) Got What It Takes To Become A Multi-Bagger?
Feb 23Is AcBel Polytech Inc.'s (TPE:6282) Stock's Recent Performance A Reflection Of Its Financial Health?
Feb 08When Should You Buy AcBel Polytech Inc. (TPE:6282)?
Jan 26Does AcBel Polytech Inc. (TPE:6282) Have A Place In Your Dividend Portfolio?
Jan 11We Wouldn't Rely On AcBel Polytech's (TPE:6282) Statutory Earnings As A Guide
Dec 28Shareholders Of AcBel Polytech (TPE:6282) Must Be Happy With Their 52% Return
Dec 14Here's Why AcBel Polytech (TPE:6282) Can Manage Its Debt Responsibly
Nov 30Financial Position Analysis
Short Term Liabilities: 6282's short term assets (NT$28.0B) exceed its short term liabilities (NT$18.5B).
Long Term Liabilities: 6282's short term assets (NT$28.0B) exceed its long term liabilities (NT$9.5B).
Debt to Equity History and Analysis
Debt Level: 6282's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: 6282's debt to equity ratio has increased from 28.8% to 53.2% over the past 5 years.
Debt Coverage: 6282's debt is well covered by operating cash flow (33.2%).
Interest Coverage: 6282's interest payments on its debt are well covered by EBIT (32.8x coverage).