Rectron Balance Sheet Health
Financial Health criteria checks 6/6
Rectron has a total shareholder equity of NT$1.8B and total debt of NT$5.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are NT$2.4B and NT$645.9M respectively. Rectron's EBIT is NT$75.0M making its interest coverage ratio -7. It has cash and short-term investments of NT$652.7M.
Key information
0.3%
Debt to equity ratio
NT$5.00m
Debt
| Interest coverage ratio | -7x |
| Cash | NT$652.67m |
| Equity | NT$1.78b |
| Total liabilities | NT$645.85m |
| Total assets | NT$2.43b |
Recent financial health updates
Recent updates
Rectron's (TWSE:2302) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 28
Rectron's (TWSE:2302) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 25Does Rectron Limited (TPE:2302) Have A Place In Your Dividend Portfolio?
Apr 22Investors Will Want Rectron's (TPE:2302) Growth In ROCE To Persist
Apr 01Rectron Limited's (TPE:2302) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Mar 06Is Rectron (TPE:2302) Using Too Much Debt?
Feb 08
Did You Miss Rectron's (TPE:2302) Impressive 293% Share Price Gain?
Jan 13Will The ROCE Trend At Rectron (TPE:2302) Continue?
Dec 17Rectron Limited's (TPE:2302) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Nov 21Financial Position Analysis
Short Term Liabilities: 2302's short term assets (NT$939.6M) exceed its short term liabilities (NT$573.9M).
Long Term Liabilities: 2302's short term assets (NT$939.6M) exceed its long term liabilities (NT$72.0M).
Debt to Equity History and Analysis
Debt Level: 2302 has more cash than its total debt.
Reducing Debt: 2302's debt to equity ratio has reduced from 8.3% to 0.3% over the past 5 years.
Debt Coverage: 2302's debt is well covered by operating cash flow (2599.6%).
Interest Coverage: 2302 earns more interest than it pays, so coverage of interest payments is not a concern.