Voltronic Power Technology Balance Sheet Health
Financial Health criteria checks 5/6
Voltronic Power Technology has a total shareholder equity of NT$8.4B and total debt of NT$831.8M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are NT$14.8B and NT$6.4B respectively. Voltronic Power Technology's EBIT is NT$4.1B making its interest coverage ratio -50. It has cash and short-term investments of NT$5.0B.
Key information
10.0%
Debt to equity ratio
NT$831.81m
Debt
| Interest coverage ratio | -50x |
| Cash | NT$5.04b |
| Equity | NT$8.36b |
| Total liabilities | NT$6.40b |
| Total assets | NT$14.76b |
Recent financial health updates
Voltronic Power Technology (TWSE:6409) Seems To Use Debt Quite Sensibly
Apr 02
We Think Voltronic Power Technology (TPE:6409) Can Manage Its Debt With Ease
Apr 01Is Voltronic Power Technology (TPE:6409) A Risky Investment?
Dec 09Recent updates
Voltronic Power Technology (TWSE:6409) Seems To Use Debt Quite Sensibly
Apr 02Some Shareholders Feeling Restless Over Voltronic Power Technology Corp.'s (TWSE:6409) P/E Ratio
Feb 26We Think Voltronic Power Technology (TPE:6409) Can Manage Its Debt With Ease
Apr 01Three Things You Should Check Before Buying Voltronic Power Technology Corp. (TPE:6409) For Its Dividend
Mar 17Can Voltronic Power Technology (TPE:6409) Keep Up These Impressive Returns?
Mar 02Here's Why Voltronic Power Technology's (TPE:6409) Statutory Earnings Are Arguably Too Conservative
Feb 16Does Voltronic Power Technology (TPE:6409) Deserve A Spot On Your Watchlist?
Feb 02Did You Participate In Any Of Voltronic Power Technology's (TPE:6409) Fantastic 234% Return ?
Jan 19Voltronic Power Technology Corp.'s (TPE:6409) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 06What You Need To Know About Voltronic Power Technology Corp.'s (TPE:6409) Investor Composition
Dec 22
Is Voltronic Power Technology (TPE:6409) A Risky Investment?
Dec 09What To Know Before Buying Voltronic Power Technology Corp. (TPE:6409) For Its Dividend
Nov 25Financial Position Analysis
Short Term Liabilities: 6409's short term assets (NT$9.7B) exceed its short term liabilities (NT$5.5B).
Long Term Liabilities: 6409's short term assets (NT$9.7B) exceed its long term liabilities (NT$913.5M).
Debt to Equity History and Analysis
Debt Level: 6409 has more cash than its total debt.
Reducing Debt: 6409's debt to equity ratio has increased from 8.9% to 10% over the past 5 years.
Debt Coverage: 6409's debt is well covered by operating cash flow (490.9%).
Interest Coverage: 6409 earns more interest than it pays, so coverage of interest payments is not a concern.