Merry Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Merry Electronics has a total shareholder equity of NT$13.3B and total debt of NT$5.5B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are NT$34.1B and NT$20.9B respectively. Merry Electronics's EBIT is NT$1.3B making its interest coverage ratio -13.9. It has cash and short-term investments of NT$9.6B.
Key information
41.3%
Debt to equity ratio
NT$5.47b
Debt
| Interest coverage ratio | -13.9x |
| Cash | NT$9.61b |
| Equity | NT$13.25b |
| Total liabilities | NT$20.85b |
| Total assets | NT$34.10b |
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
Is 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$22.5B) exceed its short term liabilities (NT$17.5B).
Long Term Liabilities: 2439's short term assets (NT$22.5B) exceed its long term liabilities (NT$3.4B).
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 increased from 26.2% to 41.3% over the past 5 years.
Debt Coverage: 2439's debt is well covered by operating cash flow (75.5%).
Interest Coverage: 2439 earns more interest than it pays, so coverage of interest payments is not a concern.