Sun Max Tech Balance Sheet Health
Financial Health criteria checks 6/6
Sun Max Tech has a total shareholder equity of NT$1.9B and total debt of NT$239.5M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are NT$2.7B and NT$867.6M respectively. Sun Max Tech's EBIT is NT$122.7M making its interest coverage ratio -18. It has cash and short-term investments of NT$754.9M.
Key information
12.9%
Debt to equity ratio
NT$239.54m
Debt
| Interest coverage ratio | -18x |
| Cash | NT$754.86m |
| Equity | NT$1.85b |
| Total liabilities | NT$867.61m |
| Total assets | NT$2.72b |
Recent financial health updates
No updates
Recent updates
Sun Max Tech's (TWSE:6591) Profits Appear To Have Quality Issues
Aug 23
Sun Max Tech (TWSE:6591) Shareholders Will Want The ROCE Trajectory To Continue
Aug 07Sun Max Tech (TWSE:6591) Is Paying Out Less In Dividends Than Last Year
Jun 27Sun Max Tech (TWSE:6591) Will Pay A Smaller Dividend Than Last Year
Jun 03Sun Max Tech Limited (TWSE:6591) Shares Fly 27% But Investors Aren't Buying For Growth
Mar 04Be Wary Of Sun Max Tech (TWSE:6591) And Its Returns On Capital
Mar 01Financial Position Analysis
Short Term Liabilities: 6591's short term assets (NT$1.5B) exceed its short term liabilities (NT$525.3M).
Long Term Liabilities: 6591's short term assets (NT$1.5B) exceed its long term liabilities (NT$342.3M).
Debt to Equity History and Analysis
Debt Level: 6591 has more cash than its total debt.
Reducing Debt: 6591's debt to equity ratio has reduced from 18.7% to 12.9% over the past 5 years.
Debt Coverage: 6591's debt is well covered by operating cash flow (99.4%).
Interest Coverage: 6591 earns more interest than it pays, so coverage of interest payments is not a concern.