Novatek Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Novatek Microelectronics has a total shareholder equity of NT$67.2B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$104.4B and NT$37.2B respectively. Novatek Microelectronics's EBIT is NT$26.7B making its interest coverage ratio -18.8. It has cash and short-term investments of NT$53.9B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -18.8x |
| Cash | NT$53.89b |
| Equity | NT$67.22b |
| Total liabilities | NT$37.23b |
| Total assets | NT$104.44b |
Recent financial health updates
No updates
Recent updates
Novatek Microelectronics Corp.'s (TWSE:3034) Shares Lagging The Market But So Is The Business
Mar 23
Novatek Microelectronics (TWSE:3034) Is Achieving High Returns On Its Capital
Feb 29Here's Why I Think Novatek Microelectronics (TPE:3034) Might Deserve Your Attention Today
Apr 25Is Novatek Microelectronics Corp. (TPE:3034) A Good Fit For Your Dividend Portfolio?
Apr 11An Intrinsic Calculation For Novatek Microelectronics Corp. (TPE:3034) Suggests It's 45% Undervalued
Mar 15What Type Of Shareholders Own The Most Number of Novatek Microelectronics Corp. (TPE:3034) Shares?
Mar 02Novatek Microelectronics (TPE:3034) Has Rewarded Shareholders With An Exceptional 382% Total Return On Their Investment
Feb 17Analysts Just Made A Meaningful Upgrade To Their Novatek Microelectronics Corp. (TPE:3034) Forecasts
Feb 05Will Novatek Microelectronics (TPE:3034) Become A Multi-Bagger?
Jan 30
I Ran A Stock Scan For Earnings Growth And Novatek Microelectronics (TPE:3034) Passed With Ease
Jan 18Is Novatek Microelectronics Corp. (TPE:3034) A Risky Dividend Stock?
Jan 06Novatek Microelectronics (TPE:3034) Is Growing Earnings But Are They A Good Guide?
Dec 25Calculating The Fair Value Of Novatek Microelectronics Corp. (TPE:3034)
Dec 13What Kind Of Shareholders Hold The Majority In Novatek Microelectronics Corp.'s (TPE:3034) Shares?
Dec 01Did You Participate In Any Of Novatek Microelectronics' (TPE:3034) Fantastic 190% Return ?
Nov 19Financial Position Analysis
Short Term Liabilities: 3034's short term assets (NT$81.0B) exceed its short term liabilities (NT$25.7B).
Long Term Liabilities: 3034's short term assets (NT$81.0B) exceed its long term liabilities (NT$11.5B).
Debt to Equity History and Analysis
Debt Level: 3034 is debt free.
Reducing Debt: 3034 has no debt compared to 5 years ago when its debt to equity ratio was 7.2%.
Debt Coverage: 3034 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3034 has no debt, therefore coverage of interest payments is not a concern.