HY Electronic (Cayman) Balance Sheet Health
Financial Health criteria checks 4/6
HY Electronic (Cayman) has a total shareholder equity of NT$693.4M and total debt of NT$503.0M, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are NT$1.9B and NT$1.2B respectively.
Key information
72.5%
Debt to equity ratio
NT$502.95m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$320.50m |
| Equity | NT$693.35m |
| Total liabilities | NT$1.19b |
| Total assets | NT$1.89b |
Recent financial health updates
Here's Why HY Electronic (Cayman) (TWSE:6573) Can Afford Some Debt
Oct 21
HY Electronic (Cayman) (TWSE:6573) Is Carrying A Fair Bit Of Debt
May 22Is HY Electronic (Cayman) (TPE:6573) Using Too Much Debt?
Apr 19HY Electronic (Cayman) (TPE:6573) Is Carrying A Fair Bit Of Debt
Dec 09
Recent updates
HY Electronic (Cayman) Limited (TWSE:6573) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Oct 22Here's Why HY Electronic (Cayman) (TWSE:6573) Can Afford Some Debt
Oct 21Improved Revenues Required Before HY Electronic (Cayman) Limited (TWSE:6573) Stock's 26% Jump Looks Justified
Jul 12HY Electronic (Cayman) (TWSE:6573) Is Carrying A Fair Bit Of Debt
May 22Is HY Electronic (Cayman) (TPE:6573) Using Too Much Debt?
Apr 19What Type Of Returns Would HY Electronic (Cayman)'s(TPE:6573) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 24HY Electronic (Cayman) (TPE:6573) Is Carrying A Fair Bit Of Debt
Dec 09Financial Position Analysis
Short Term Liabilities: 6573's short term assets (NT$781.2M) do not cover its short term liabilities (NT$880.5M).
Long Term Liabilities: 6573's short term assets (NT$781.2M) exceed its long term liabilities (NT$312.1M).
Debt to Equity History and Analysis
Debt Level: 6573's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: 6573's debt to equity ratio has increased from 65.2% to 72.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 6573 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6573 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37% per year.