Quang Viet Enterprise Balance Sheet Health
Financial Health criteria checks 6/6
Quang Viet Enterprise has a total shareholder equity of NT$9.7B and total debt of NT$5.2B, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are NT$19.2B and NT$9.4B respectively. Quang Viet Enterprise's EBIT is NT$588.2M making its interest coverage ratio -23.5. It has cash and short-term investments of NT$4.6B.
Key information
53.0%
Debt to equity ratio
NT$5.16b
Debt
| Interest coverage ratio | -23.5x |
| Cash | NT$4.59b |
| Equity | NT$9.73b |
| Total liabilities | NT$9.43b |
| Total assets | NT$19.15b |
Recent financial health updates
Quang Viet Enterprise (TPE:4438) Seems To Use Debt Quite Sensibly
Mar 21
Quang Viet Enterprise (TPE:4438) Seems To Use Debt Quite Sensibly
Dec 20
Recent updates
Quang Viet Enterprise's (TWSE:4438) Dividend Will Be Reduced To NT$5.20
Aug 06Quang Viet Enterprise (TWSE:4438) Is Reducing Its Dividend To NT$5.20
Jul 22Quang Viet Enterprise (TWSE:4438) Has Announced That Its Dividend Will Be Reduced To NT$5.20
Jun 23Some Investors May Be Willing To Look Past Quang Viet Enterprise's (TWSE:4438) Soft Earnings
May 21Investors In Quang Viet Enterprise Co., Ltd. (TPE:4438) Should Consider This, First
Apr 26Quang Viet Enterprise (TPE:4438) Seems To Use Debt Quite Sensibly
Mar 21Our Take On The Returns On Capital At Quang Viet Enterprise (TPE:4438)
Mar 03Quang Viet Enterprise's (TPE:4438) Stock Price Has Reduced 49% In The Past Five Years
Feb 12Read This Before Buying Quang Viet Enterprise Co., Ltd. (TPE:4438) For Its Dividend
Jan 25Quang Viet Enterprise Co., Ltd. (TPE:4438) Stock's On A Decline: Are Poor Fundamentals The Cause?
Jan 07Quang Viet Enterprise (TPE:4438) Seems To Use Debt Quite Sensibly
Dec 20Returns On Capital At Quang Viet Enterprise (TPE:4438) Paint An Interesting Picture
Dec 02Financial Position Analysis
Short Term Liabilities: 4438's short term assets (NT$13.2B) exceed its short term liabilities (NT$6.9B).
Long Term Liabilities: 4438's short term assets (NT$13.2B) exceed its long term liabilities (NT$2.6B).
Debt to Equity History and Analysis
Debt Level: 4438's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 4438's debt to equity ratio has reduced from 61.6% to 53% over the past 5 years.
Debt Coverage: 4438's debt is well covered by operating cash flow (31.1%).
Interest Coverage: 4438 earns more interest than it pays, so coverage of interest payments is not a concern.