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$255.6M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are NT$2.7B and NT$781.1M respectively. Sun Max Tech's EBIT is NT$103.3M making its interest coverage ratio -11.2. It has cash and short-term investments of NT$688.2M.
Key information
13.5%
Debt to equity ratio
NT$255.55m
Debt
| Interest coverage ratio | -11.2x |
| Cash | NT$688.15m |
| Equity | NT$1.89b |
| Total liabilities | NT$781.14m |
| Total assets | NT$2.68b |
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$1.4B) exceed its short term liabilities (NT$430.4M).
Long Term Liabilities: 6591's short term assets (NT$1.4B) exceed its long term liabilities (NT$350.7M).
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% to 13.5% over the past 5 years.
Debt Coverage: 6591's debt is well covered by operating cash flow (98.6%).
Interest Coverage: 6591 earns more interest than it pays, so coverage of interest payments is not a concern.