Ve Wong Balance Sheet Health
Financial Health criteria checks 5/6
Ve Wong has a total shareholder equity of NT$7.0B and total debt of NT$939.0M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are NT$10.3B and NT$3.4B respectively. Ve Wong's EBIT is NT$978.6M making its interest coverage ratio -25.9. It has cash and short-term investments of NT$2.2B.
Key information
13.5%
Debt to equity ratio
NT$939.00m
Debt
| Interest coverage ratio | -25.9x |
| Cash | NT$2.20b |
| Equity | NT$6.97b |
| Total liabilities | NT$3.36b |
| Total assets | NT$10.33b |
Recent financial health updates
Here's Why Ve Wong (TPE:1203) Can Manage Its Debt Responsibly
Mar 13
Ve Wong (TPE:1203) Has A Pretty Healthy Balance Sheet
Dec 13Recent updates
Ve Wong's (TWSE:1203) Soft Earnings Are Actually Better Than They Appear
Apr 08Is Ve Wong Corporation (TPE:1203) A Good Fit For Your Dividend Portfolio?
Apr 27Ve Wong's (TPE:1203) Soft Earnings Are Actually Better Than They Appear
Apr 05Here's Why Ve Wong (TPE:1203) Can Manage Its Debt Responsibly
Mar 13Ve Wong Corporation's (TPE:1203) Stock Been Rising: Are Strong Financials Guiding The Market?
Feb 26We Like These Underlying Trends At Ve Wong (TPE:1203)
Feb 11
Should Ve Wong Corporation (TPE:1203) Be Part Of Your Dividend Portfolio?
Jan 27Calculating The Fair Value Of Ve Wong Corporation (TPE:1203)
Jan 12Shareholders Of Ve Wong (TPE:1203) Must Be Happy With Their 103% Total Return
Dec 28Ve Wong (TPE:1203) Has A Pretty Healthy Balance Sheet
Dec 13Ve Wong Corporation's (TPE:1203) Stock Is Going Strong: Is the Market Following Fundamentals?
Nov 28Financial Position Analysis
Short Term Liabilities: 1203's short term assets (NT$4.8B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 1203's short term assets (NT$4.8B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 1203 has more cash than its total debt.
Reducing Debt: 1203's debt to equity ratio has increased from 13.1% to 13.5% over the past 5 years.
Debt Coverage: 1203's debt is well covered by operating cash flow (139.2%).
Interest Coverage: 1203 earns more interest than it pays, so coverage of interest payments is not a concern.