Hong Ho Precision TextileLtd Balance Sheet Health
Financial Health criteria checks 6/6
Hong Ho Precision TextileLtd has a total shareholder equity of NT$2.7B and total debt of NT$200.0M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are NT$3.7B and NT$987.8M respectively. Hong Ho Precision TextileLtd's EBIT is NT$1.5B making its interest coverage ratio 51.8. It has cash and short-term investments of NT$778.0M.
Key information
7.5%
Debt to equity ratio
NT$200.00m
Debt
| Interest coverage ratio | 51.8x |
| Cash | NT$778.04m |
| Equity | NT$2.67b |
| Total liabilities | NT$987.85m |
| Total assets | NT$3.66b |
Recent financial health updates
These 4 Measures Indicate That Hong Ho Precision TextileLtd (TWSE:1446) Is Using Debt Reasonably Well
Aug 08
Hong Ho Precision TextileLtd (TPE:1446) Takes On Some Risk With Its Use Of Debt
Feb 01
Recent updates
Market Cool On Hong Ho Precision Textile Co.,Ltd.'s (TWSE:1446) Revenues Pushing Shares 32% Lower
Jan 06Hong Ho Precision Textile Co.,Ltd.'s (TWSE:1446) P/S Is Still On The Mark Following 31% Share Price Bounce
Nov 22The Strong Earnings Posted By Hong Ho Precision TextileLtd (TWSE:1446) Are A Good Indication Of The Strength Of The Business
Nov 19These 4 Measures Indicate That Hong Ho Precision TextileLtd (TWSE:1446) Is Using Debt Reasonably Well
Aug 08Optimistic Investors Push Hong Ho Precision Textile Co.,Ltd. (TWSE:1446) Shares Up 29% But Growth Is Lacking
May 02The Return Trends At Hong Ho Precision TextileLtd (TWSE:1446) Look Promising
Apr 29We Think Hong Ho Precision TextileLtd's (TWSE:1446) Robust Earnings Are Conservative
Mar 22Read This Before Buying Hong Ho Precision Textile Co.,Ltd. (TPE:1446) For Its Dividend
Apr 20The Return Trends At Hong Ho Precision TextileLtd (TPE:1446) Look Promising
Mar 25Is Hong Ho Precision Textile Co.,Ltd.'s (TPE:1446) ROE Of 0.7% Concerning?
Feb 27Hong Ho Precision TextileLtd (TPE:1446) Takes On Some Risk With Its Use Of Debt
Feb 01Did You Miss Hong Ho Precision TextileLtd's (TPE:1446) 64% Share Price Gain?
Jan 05What Do The Returns At Hong Ho Precision TextileLtd (TPE:1446) Mean Going Forward?
Dec 10Financial Position Analysis
Short Term Liabilities: 1446's short term assets (NT$3.1B) exceed its short term liabilities (NT$969.5M).
Long Term Liabilities: 1446's short term assets (NT$3.1B) exceed its long term liabilities (NT$18.3M).
Debt to Equity History and Analysis
Debt Level: 1446 has more cash than its total debt.
Reducing Debt: 1446's debt to equity ratio has reduced from 143.7% to 7.5% over the past 5 years.
Debt Coverage: 1446's debt is well covered by operating cash flow (1794%).
Interest Coverage: 1446's interest payments on its debt are well covered by EBIT (51.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 10:14 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hong Ho Precision Textile Co.,Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yen-liang Chen | Yuanta Research |