Sitronix Technology Corporation

TWSE:8016 Stock Report

Market Cap: NT$33.8b

Sitronix Technology Balance Sheet Health

Financial Health criteria checks 6/6

Sitronix Technology has a total shareholder equity of NT$14.6B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$19.6B and NT$5.0B respectively. Sitronix Technology's EBIT is NT$2.5B making its interest coverage ratio -13.8. It has cash and short-term investments of NT$8.9B.

Key information

0%

Debt to equity ratio

NT$0

Debt

Interest coverage ratio-13.8x
CashNT$8.87b
EquityNT$14.60b
Total liabilitiesNT$4.99b
Total assetsNT$19.58b

Recent financial health updates

Recent updates

We Think You Can Look Beyond Sitronix Technology's (TWSE:8016) Lackluster Earnings

Mar 20
We Think You Can Look Beyond Sitronix Technology's (TWSE:8016) Lackluster Earnings

Sitronix Technology Corporation's (TPE:8016) 3.2% Dividend Yield Looks Pretty Interesting

Apr 05
Sitronix Technology Corporation's (TPE:8016) 3.2% Dividend Yield Looks Pretty Interesting

Bullish: This Analyst Just Lifted Their Sitronix Technology Corporation (TPE:8016) Outlook For This Year

Mar 22
Bullish: This Analyst Just Lifted Their Sitronix Technology Corporation (TPE:8016) Outlook For This Year

Sitronix Technology (TPE:8016) Has A Rock Solid Balance Sheet

Feb 25
Sitronix Technology (TPE:8016) Has A Rock Solid Balance Sheet

Can Sitronix Technology (TPE:8016) Keep Up These Impressive Returns?

Feb 10
Can Sitronix Technology (TPE:8016) Keep Up These Impressive Returns?

Shareholders Of Sitronix Technology (TPE:8016) Must Be Happy With Their 123% Total Return

Jan 28
Shareholders Of Sitronix Technology (TPE:8016) Must Be Happy With Their 123% Total Return

Here's Why I Think Sitronix Technology (TPE:8016) Is An Interesting Stock

Jan 13
Here's Why I Think Sitronix Technology (TPE:8016) Is An Interesting Stock

Is Sitronix Technology Corporation's (TPE:8016) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Dec 30
Is Sitronix Technology Corporation's (TPE:8016) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

We Think Sitronix Technology's (TPE:8016) Statutory Profit Might Understate Its Earnings Potential

Dec 14
We Think Sitronix Technology's (TPE:8016) Statutory Profit Might Understate Its Earnings Potential

Sitronix Technology Corporation's (TPE:8016) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Nov 30
Sitronix Technology Corporation's (TPE:8016) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Is Sitronix Technology (TPE:8016) Using Too Much Debt?

Nov 17
Is Sitronix Technology (TPE:8016) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: 8016's short term assets (NT$14.5B) exceed its short term liabilities (NT$4.6B).

Long Term Liabilities: 8016's short term assets (NT$14.5B) exceed its long term liabilities (NT$422.4M).


Debt to Equity History and Analysis

Debt Level: 8016 is debt free.

Reducing Debt: 8016 has no debt compared to 5 years ago when its debt to equity ratio was 9.1%.

Debt Coverage: 8016 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8016 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.