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$16.3M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are NT$4.0B and NT$719.9M respectively. Harvatek's EBIT is NT$13.1M making its interest coverage ratio -0.3. It has cash and short-term investments of NT$1.5B.
Key information
0.5%
Debt to equity ratio
NT$16.29m
Debt
| Interest coverage ratio | -0.3x |
| Cash | NT$1.47b |
| Equity | NT$3.24b |
| Total liabilities | NT$719.91m |
| Total assets | NT$3.96b |
Recent financial health updates
Recent updates
Harvatek (TWSE:6168) Has Announced That Its Dividend Will Be Reduced To NT$0.50
Aug 15
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 18
Is 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$566.8M).
Long Term Liabilities: 6168's short term assets (NT$2.4B) exceed its long term liabilities (NT$153.1M).
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 12% to 0.5% over the past 5 years.
Debt Coverage: 6168's debt is well covered by operating cash flow (455.4%).
Interest Coverage: 6168 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Harvatek Corporation is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xi Hao Bau | Capital Securities Corporation |
| Jared Wang | IBTS Investment Consulting Co., Ltd. |
| Ssu-Han Fu | Jih Sun Securities Investment Consulting Co., Ltd. |