NAK Sealing Technologies Balance Sheet Health
Financial Health criteria checks 6/6
NAK Sealing Technologies has a total shareholder equity of NT$4.0B and total debt of NT$120.8M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are NT$5.1B and NT$1.1B respectively. NAK Sealing Technologies's EBIT is NT$1.0B making its interest coverage ratio -139.7. It has cash and short-term investments of NT$419.9M.
Key information
3.0%
Debt to equity ratio
NT$120.75m
Debt
| Interest coverage ratio | -139.7x |
| Cash | NT$419.91m |
| Equity | NT$3.97b |
| Total liabilities | NT$1.09b |
| Total assets | NT$5.06b |
Recent financial health updates
Recent updates
NAK Sealing Technologies' (TWSE:9942) Dividend Will Be Increased To NT$7.00
Aug 06
NAK Sealing Technologies' (TWSE:9942) Upcoming Dividend Will Be Larger Than Last Year's
Jul 22NAK Sealing Technologies (TWSE:9942) Is Increasing Its Dividend To NT$7.00
Jun 30Are Dividend Investors Getting More Than They Bargained For With NAK Sealing Technologies Corporation's (TPE:9942) Dividend?
Dec 18
Is NAK Sealing Technologies (TPE:9942) A Risky Investment?
Nov 26Financial Position Analysis
Short Term Liabilities: 9942's short term assets (NT$3.0B) exceed its short term liabilities (NT$597.2M).
Long Term Liabilities: 9942's short term assets (NT$3.0B) exceed its long term liabilities (NT$491.3M).
Debt to Equity History and Analysis
Debt Level: 9942 has more cash than its total debt.
Reducing Debt: 9942's debt to equity ratio has reduced from 21.5% to 3% over the past 5 years.
Debt Coverage: 9942's debt is well covered by operating cash flow (823.7%).
Interest Coverage: 9942 earns more interest than it pays, so coverage of interest payments is not a concern.