Harvatek Balance Sheet Health
Financial Health criteria checks 6/6
Harvatek has a total shareholder equity of NT$3.2B and total debt of NT$15.9M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are NT$4.0B and NT$788.1M respectively. Harvatek's EBIT is NT$38.3M making its interest coverage ratio -0.7. It has cash and short-term investments of NT$1.5B.
Key information
0.5%
Debt to equity ratio
NT$15.87m
Debt
Interest coverage ratio | -0.7x |
Cash | NT$1.55b |
Equity | NT$3.24b |
Total liabilities | NT$788.12m |
Total assets | NT$4.02b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for Harvatek (TWSE:6168) Shareholders
Apr 08Harvatek Corporation (TPE:6168) Is Yielding 3.0% - But Is It A Buy?
Apr 28Harvatek (TPE:6168) Could Easily Take On More Debt
Mar 09Harvatek (TPE:6168) Shareholders Booked A 39% Gain In The Last Year
Feb 04What We Make Of Harvatek's (TPE:6168) Returns On Capital
Jan 18Is Harvatek Corporation's (TPE:6168) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 28Does Harvatek's (TPE:6168) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 20Financial Position Analysis
Short Term Liabilities: 6168's short term assets (NT$2.4B) exceed its short term liabilities (NT$633.0M).
Long Term Liabilities: 6168's short term assets (NT$2.4B) exceed its long term liabilities (NT$155.2M).
Debt to Equity History and Analysis
Debt Level: 6168 has more cash than its total debt.
Reducing Debt: 6168's debt to equity ratio has reduced from 13.7% to 0.5% over the past 5 years.
Debt Coverage: 6168's debt is well covered by operating cash flow (1537.9%).
Interest Coverage: 6168 earns more interest than it pays, so coverage of interest payments is not a concern.