Merry Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Merry Electronics has a total shareholder equity of NT$18.4B and total debt of NT$3.9B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are NT$39.8B and NT$21.4B respectively. Merry Electronics's EBIT is NT$1.8B making its interest coverage ratio -11.9. It has cash and short-term investments of NT$8.6B.
Key information
21.1%
Debt to equity ratio
NT$3.89b
Debt
| Interest coverage ratio | -11.9x |
| Cash | NT$8.63b |
| Equity | NT$18.44b |
| Total liabilities | NT$21.40b |
| Total assets | NT$39.84b |
Recent financial health updates
Is Merry Electronics (TWSE:2439) A Risky Investment?
Apr 17
Does Merry Electronics (TPE:2439) Have A Healthy Balance Sheet?
Apr 12Does Merry Electronics (TPE:2439) Have A Healthy Balance Sheet?
Jan 10Recent updates
Merry Electronics' (TWSE:2439) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 27Merry Electronics (TWSE:2439) Has Announced That It Will Be Increasing Its Dividend To NT$4.70
Aug 12We Think That There Are Issues Underlying Merry Electronics' (TWSE:2439) Earnings
Aug 03Merry Electronics (TWSE:2439) Is Increasing Its Dividend To NT$4.70
Jul 29Is Merry Electronics (TWSE:2439) A Risky Investment?
Apr 17Are Investors Undervaluing Merry Electronics Co., Ltd. (TPE:2439) By 25%?
Apr 25Does Merry Electronics (TPE:2439) Have A Healthy Balance Sheet?
Apr 12Merry Electronics (TPE:2439) Has Gifted Shareholders With A Fantastic 219% Total Return On Their Investment
Mar 17Key Things To Consider Before Buying Merry Electronics Co., Ltd. (TPE:2439) For Its Dividend
Mar 04Why Merry Electronics Co., Ltd. (TPE:2439) Could Be Worth Watching
Feb 19
The Trends At Merry Electronics (TPE:2439) That You Should Know About
Feb 06Is There An Opportunity With Merry Electronics Co., Ltd.'s (TPE:2439) 38% Undervaluation?
Jan 24Does Merry Electronics (TPE:2439) Have A Healthy Balance Sheet?
Jan 10Merry Electronics Co., Ltd.'s (TPE:2439) Stock Has Fared Decently: Is the Market Following Strong Financials?
Dec 28Merry Electronics (TPE:2439) Has Gifted Shareholders With A Fantastic 220% Total Return On Their Investment
Dec 15Are Dividend Investors Making A Mistake With Merry Electronics Co., Ltd. (TPE:2439)?
Dec 02Is Now The Time To Look At Buying Merry Electronics Co., Ltd. (TPE:2439)?
Nov 18Financial Position Analysis
Short Term Liabilities: 2439's short term assets (NT$27.9B) exceed its short term liabilities (NT$15.5B).
Long Term Liabilities: 2439's short term assets (NT$27.9B) exceed its long term liabilities (NT$5.9B).
Debt to Equity History and Analysis
Debt Level: 2439 has more cash than its total debt.
Reducing Debt: 2439's debt to equity ratio has reduced from 40% to 21.1% over the past 5 years.
Debt Coverage: 2439's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 2439 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:53 |
| End of Day Share Price | 2024/12/19 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Merry Electronics Co., Ltd. is covered by 17 analysts. 3 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 |
|---|---|
| Chia Yi Chen | BofA Global Research |
| Yiho Liu | Capital Securities Corporation |
| Changrong Chen | Capital Securities Corporation |