MPI Balance Sheet Health
Financial Health criteria checks 6/6
MPI has a total shareholder equity of NT$7.6B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are NT$12.4B and NT$4.8B respectively. MPI's EBIT is NT$1.5B making its interest coverage ratio -135.7. It has cash and short-term investments of NT$2.6B.
Key information
22.1%
Debt to equity ratio
NT$1.68b
Debt
| Interest coverage ratio | -135.7x |
| Cash | NT$2.58b |
| Equity | NT$7.62b |
| Total liabilities | NT$4.82b |
| Total assets | NT$12.44b |
Recent financial health updates
Recent updates
Investors Will Want MPI's (GTSM:6223) Growth In ROCE To Persist
Apr 16
Here's Why We Think MPI (GTSM:6223) Is Well Worth Watching
Apr 01Is MPI Corporation (GTSM:6223) A Smart Choice For Dividend Investors?
Mar 17Did You Miss MPI's (GTSM:6223) 87% Share Price Gain?
Mar 02MPI (GTSM:6223) Has A Rock Solid Balance Sheet
Feb 08Is MPI Corporation's(GTSM:6223) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 25
Returns On Capital - An Important Metric For MPI (GTSM:6223)
Jan 11Here's Why I Think MPI (GTSM:6223) Is An Interesting Stock
Dec 28MPI Corporation (GTSM:6223) Is Yielding 2.3% - But Is It A Buy?
Dec 14MPI (GTSM:6223) Shareholders Have Enjoyed A 84% Share Price Gain
Nov 29Financial Position Analysis
Short Term Liabilities: 6223's short term assets (NT$6.9B) exceed its short term liabilities (NT$3.1B).
Long Term Liabilities: 6223's short term assets (NT$6.9B) exceed its long term liabilities (NT$1.7B).
Debt to Equity History and Analysis
Debt Level: 6223 has more cash than its total debt.
Reducing Debt: 6223's debt to equity ratio has reduced from 43.2% to 22.1% over the past 5 years.
Debt Coverage: 6223's debt is well covered by operating cash flow (101.4%).
Interest Coverage: 6223 earns more interest than it pays, so coverage of interest payments is not a concern.