Advancetek EnterpriseLtd Balance Sheet Health
Financial Health criteria checks 5/6
Advancetek EnterpriseLtd has a total shareholder equity of NT$7.7B and total debt of NT$6.7B, which brings its debt-to-equity ratio to 87%. Its total assets and total liabilities are NT$17.3B and NT$9.6B respectively. Advancetek EnterpriseLtd's EBIT is NT$2.4B making its interest coverage ratio 23.4. It has cash and short-term investments of NT$750.4M.
Key information
87.0%
Debt to equity ratio
NT$6.71b
Debt
| Interest coverage ratio | 23.4x |
| Cash | NT$750.39m |
| Equity | NT$7.72b |
| Total liabilities | NT$9.58b |
| Total assets | NT$17.30b |
Recent financial health updates
We Think Advancetek EnterpriseLtd (TWSE:1442) Can Stay On Top Of Its Debt
Apr 29
These 4 Measures Indicate That Advancetek EnterpriseLtd (TPE:1442) Is Using Debt Extensively
Feb 08Recent updates
We Ran A Stock Scan For Earnings Growth And Advancetek EnterpriseLtd (TWSE:1442) Passed With Ease
Jul 15We Think Advancetek EnterpriseLtd (TWSE:1442) Can Stay On Top Of Its Debt
Apr 29A Piece Of The Puzzle Missing From Advancetek Enterprise Co.,Ltd.'s (TWSE:1442) 25% Share Price Climb
Apr 12Is Advancetek Enterprise Co.,Ltd. (TPE:1442) An Attractive Dividend Stock?
Mar 28Is Advancetek Enterprise Co.,Ltd.'s (TPE:1442) 0.8% ROE Worse Than Average?
Mar 06These 4 Measures Indicate That Advancetek EnterpriseLtd (TPE:1442) Is Using Debt Extensively
Feb 08Did You Participate In Any Of Advancetek EnterpriseLtd's (TPE:1442) Respectable 68% Return?
Jan 18
Is Advancetek Enterprise Co.,Ltd. (TPE:1442) At Risk Of Cutting Its Dividend?
Dec 28Does Advancetek EnterpriseLtd's (TPE:1442) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 07Financial Position Analysis
Short Term Liabilities: 1442's short term assets (NT$16.3B) exceed its short term liabilities (NT$6.1B).
Long Term Liabilities: 1442's short term assets (NT$16.3B) exceed its long term liabilities (NT$3.5B).
Debt to Equity History and Analysis
Debt Level: 1442's net debt to equity ratio (77.3%) is considered high.
Reducing Debt: 1442's debt to equity ratio has reduced from 98% to 87% over the past 5 years.
Debt Coverage: 1442's debt is well covered by operating cash flow (51%).
Interest Coverage: 1442's interest payments on its debt are well covered by EBIT (23.4x coverage).