Novatek Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Novatek Microelectronics has a total shareholder equity of NT$63.5B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$96.8B and NT$33.4B respectively. Novatek Microelectronics's EBIT is NT$23.2B making its interest coverage ratio -15.1. It has cash and short-term investments of NT$42.0B.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -15.1x |
Cash | NT$42.00b |
Equity | NT$63.46b |
Total liabilities | NT$33.38b |
Total assets | NT$96.84b |
Recent financial health updates
No updates
Recent updates
Here's What Analysts Are Forecasting For Novatek Microelectronics Corp. (TWSE:3034) After Its Third-Quarter Results
Nov 04Why Novatek Microelectronics Corp. (TWSE:3034) Could Be Worth Watching
Oct 16Novatek Microelectronics (TWSE:3034) Looks To Prolong Its Impressive Returns
Oct 01Estimating The Fair Value Of Novatek Microelectronics Corp. (TWSE:3034)
Sep 16Insufficient Growth At Novatek Microelectronics Corp. (TWSE:3034) Hampers Share Price
Aug 16Novatek Microelectronics Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jul 31Novatek Microelectronics (TWSE:3034) Is Reducing Its Dividend To NT$32.00
Jun 23Investors Shouldn't Overlook The Favourable Returns On Capital At Novatek Microelectronics (TWSE:3034)
Jun 20Novatek Microelectronics Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Apr 30At NT$574, Is Novatek Microelectronics Corp. (TWSE:3034) Worth Looking At Closely?
Apr 23Novatek Microelectronics Corp.'s (TWSE:3034) Shares Lagging The Market But So Is The Business
Mar 23Novatek 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 11Financial Position Analysis
Short Term Liabilities: 3034's short term assets (NT$73.5B) exceed its short term liabilities (NT$21.5B).
Long Term Liabilities: 3034's short term assets (NT$73.5B) exceed its long term liabilities (NT$11.9B).
Debt to Equity History and Analysis
Debt Level: 3034 is debt free.
Reducing Debt: 3034 had no debt 5 years ago.
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.