Hanpin Electron Balance Sheet Health
Financial Health criteria checks 6/6
Hanpin Electron has a total shareholder equity of NT$2.6B and total debt of NT$30.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are NT$4.0B and NT$1.4B respectively. Hanpin Electron's EBIT is NT$388.7M making its interest coverage ratio -7.3. It has cash and short-term investments of NT$1.8B.
Key information
1.2%
Debt to equity ratio
NT$30.00m
Debt
Interest coverage ratio | -7.3x |
Cash | NT$1.79b |
Equity | NT$2.59b |
Total liabilities | NT$1.39b |
Total assets | NT$3.98b |
Recent financial health updates
We Think Hanpin Electron (TPE:2488) Can Stay On Top Of Its Debt
Apr 06Is Hanpin Electron (TPE:2488) A Risky Investment?
Jan 06Recent updates
Why Hanpin Electron's (TWSE:2488) Earnings Are Better Than They Seem
Nov 11Hanpin Electron (TWSE:2488) Has Announced That It Will Be Increasing Its Dividend To NT$2.80
Jul 29Hanpin Electron's (TWSE:2488) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 15Hanpin Electron (TWSE:2488) Has Announced That It Will Be Increasing Its Dividend To NT$2.80
Jun 24We Think Hanpin Electron (TPE:2488) Can Stay On Top Of Its Debt
Apr 06Share Price Aside, Hanpin Electron (TPE:2488) Has Delivered Shareholders A 21% Return.
Mar 11Is This A Sign of Things To Come At Hanpin Electron (TPE:2488)?
Feb 21Does Hanpin Electron Co., Ltd. (TPE:2488) Have A Place In Your Dividend Portfolio?
Feb 05Is The Market Rewarding Hanpin Electron Co., Ltd. (TPE:2488) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Jan 21Is Hanpin Electron (TPE:2488) A Risky Investment?
Jan 06Does Hanpin Electron's (TPE:2488) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 22Did You Participate In Any Of Hanpin Electron's (TPE:2488) Respectable 71% Return?
Dec 07Is Hanpin Electron (TPE:2488) Headed For Trouble?
Nov 22Financial Position Analysis
Short Term Liabilities: 2488's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 2488's short term assets (NT$2.8B) exceed its long term liabilities (NT$323.1M).
Debt to Equity History and Analysis
Debt Level: 2488 has more cash than its total debt.
Reducing Debt: 2488's debt to equity ratio has reduced from 8.4% to 1.2% over the past 5 years.
Debt Coverage: 2488's debt is well covered by operating cash flow (3096.4%).
Interest Coverage: 2488 earns more interest than it pays, so coverage of interest payments is not a concern.