Voltronic Power Technology Balance Sheet Health
Financial Health criteria checks 6/6
Voltronic Power Technology has a total shareholder equity of NT$8.8B and total debt of NT$734.0M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are NT$17.3B and NT$8.5B respectively. Voltronic Power Technology's EBIT is NT$5.0B making its interest coverage ratio -37.9. It has cash and short-term investments of NT$6.6B.
Key information
8.3%
Debt to equity ratio
NT$733.95m
Debt
| Interest coverage ratio | -37.9x |
| Cash | NT$6.61b |
| Equity | NT$8.81b |
| Total liabilities | NT$8.52b |
| Total assets | NT$17.33b |
Recent financial health updates
Voltronic Power Technology (TWSE:6409) Has A Pretty Healthy Balance Sheet
Nov 10
Voltronic Power Technology (TWSE:6409) Has A Pretty Healthy Balance Sheet
Jul 05Voltronic Power Technology (TWSE:6409) Seems To Use Debt Quite Sensibly
Apr 02We 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
We Like Voltronic Power Technology's (TWSE:6409) Earnings For More Than Just Statutory Profit
Nov 19NT$2,247 - That's What Analysts Think Voltronic Power Technology Corp. (TWSE:6409) Is Worth After These Results
Nov 11Voltronic Power Technology (TWSE:6409) Has A Pretty Healthy Balance Sheet
Nov 10Voltronic Power Technology Corp.'s (TWSE:6409) Share Price Not Quite Adding Up
Oct 23What Does Voltronic Power Technology Corp.'s (TWSE:6409) Share Price Indicate?
Oct 04Need To Know: Analysts Are Much More Bullish On Voltronic Power Technology Corp. (TWSE:6409) Revenues
Aug 11Voltronic Power Technology (TWSE:6409) Is Reinvesting To Multiply In Value
Aug 02Voltronic Power Technology's (TWSE:6409) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 12Voltronic Power Technology (TWSE:6409) Has A Pretty Healthy Balance Sheet
Jul 05Voltronic Power Technology Corp.'s (TWSE:6409) Popularity With Investors Is Under Threat From Overpricing
Jun 20At NT$1,680, Is It Time To Put Voltronic Power Technology Corp. (TWSE:6409) On Your Watch List?
Jun 05Voltronic Power Technology's (TWSE:6409) Soft Earnings Are Actually Better Than They Appear
May 21Analyst Estimates: Here's What Brokers Think Of Voltronic Power Technology Corp. (TWSE:6409) After Its First-Quarter Report
May 14Voltronic 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$12.4B) exceed its short term liabilities (NT$7.8B).
Long Term Liabilities: 6409's short term assets (NT$12.4B) exceed its long term liabilities (NT$772.5M).
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 reduced from 13.3% to 8.3% over the past 5 years.
Debt Coverage: 6409's debt is well covered by operating cash flow (799.3%).
Interest Coverage: 6409 earns more interest than it pays, so coverage of interest payments is not a concern.