Novatek Microelectronics Corp.

TWSE:3034 Stock Report

Market Cap: NT$294.2b

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
CashNT$42.00b
EquityNT$63.46b
Total liabilitiesNT$33.38b
Total assetsNT$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 04
Here's What Analysts Are Forecasting For Novatek Microelectronics Corp. (TWSE:3034) After Its Third-Quarter Results

Why Novatek Microelectronics Corp. (TWSE:3034) Could Be Worth Watching

Oct 16
Why Novatek Microelectronics Corp. (TWSE:3034) Could Be Worth Watching

Novatek Microelectronics (TWSE:3034) Looks To Prolong Its Impressive Returns

Oct 01
Novatek Microelectronics (TWSE:3034) Looks To Prolong Its Impressive Returns

Estimating The Fair Value Of Novatek Microelectronics Corp. (TWSE:3034)

Sep 16
Estimating The Fair Value Of Novatek Microelectronics Corp. (TWSE:3034)

Insufficient Growth At Novatek Microelectronics Corp. (TWSE:3034) Hampers Share Price

Aug 16
Insufficient Growth At Novatek Microelectronics Corp. (TWSE:3034) Hampers Share Price

Novatek Microelectronics Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Jul 31
Novatek Microelectronics Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Novatek Microelectronics (TWSE:3034) Is Reducing Its Dividend To NT$32.00

Jun 23
Novatek Microelectronics (TWSE:3034) Is Reducing Its Dividend To NT$32.00

Investors Shouldn't Overlook The Favourable Returns On Capital At Novatek Microelectronics (TWSE:3034)

Jun 20
Investors Shouldn't Overlook The Favourable Returns On Capital At Novatek Microelectronics (TWSE:3034)

Novatek Microelectronics Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Apr 30
Novatek Microelectronics Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

At NT$574, Is Novatek Microelectronics Corp. (TWSE:3034) Worth Looking At Closely?

Apr 23
At NT$574, Is Novatek Microelectronics Corp. (TWSE:3034) Worth Looking At Closely?

Novatek Microelectronics Corp.'s (TWSE:3034) Shares Lagging The Market But So Is The Business

Mar 23
Novatek Microelectronics Corp.'s (TWSE:3034) Shares Lagging The Market But So Is The Business

Novatek Microelectronics (TWSE:3034) Is Achieving High Returns On Its Capital

Feb 29
Novatek Microelectronics (TWSE:3034) Is Achieving High Returns On Its Capital

Here's Why I Think Novatek Microelectronics (TPE:3034) Might Deserve Your Attention Today

Apr 25
Here's Why I Think Novatek Microelectronics (TPE:3034) Might Deserve Your Attention Today

Is Novatek Microelectronics Corp. (TPE:3034) A Good Fit For Your Dividend Portfolio?

Apr 11
Is Novatek Microelectronics Corp. (TPE:3034) A Good Fit For Your Dividend Portfolio?

Financial 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.


Balance Sheet


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