Sitronix Technology Balance Sheet Health
Financial Health criteria checks 6/6
Sitronix Technology has a total shareholder equity of NT$14.2B and total debt of NT$31.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are NT$20.3B and NT$6.1B respectively. Sitronix Technology's EBIT is NT$2.7B making its interest coverage ratio -13.9. It has cash and short-term investments of NT$8.9B.
Key information
0.2%
Debt to equity ratio
NT$30.98m
Debt
| Interest coverage ratio | -13.9x |
| Cash | NT$8.89b |
| Equity | NT$14.23b |
| Total liabilities | NT$6.05b |
| Total assets | NT$20.28b |
Recent financial health updates
Sitronix Technology (TPE:8016) Has A Rock Solid Balance Sheet
Feb 25
Is Sitronix Technology (TPE:8016) Using Too Much Debt?
Nov 17Recent updates
Sitronix Technology Corporation's (TWSE:8016) Earnings Are Not Doing Enough For Some Investors
Sep 05Sitronix Technology Corporation's (TWSE:8016) Shares Lagging The Market But So Is The Business
Apr 19We Think You Can Look Beyond Sitronix Technology's (TWSE:8016) Lackluster Earnings
Mar 20Sitronix Technology Corporation's (TPE:8016) 3.2% Dividend Yield Looks Pretty Interesting
Apr 05Bullish: This Analyst Just Lifted Their Sitronix Technology Corporation (TPE:8016) Outlook For This Year
Mar 22Sitronix Technology (TPE:8016) Has A Rock Solid Balance Sheet
Feb 25Can Sitronix Technology (TPE:8016) Keep Up These Impressive Returns?
Feb 10
Shareholders Of Sitronix Technology (TPE:8016) Must Be Happy With Their 123% Total Return
Jan 28Here's Why I Think Sitronix Technology (TPE:8016) Is An Interesting Stock
Jan 13Is Sitronix Technology Corporation's (TPE:8016) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 30We Think Sitronix Technology's (TPE:8016) Statutory Profit Might Understate Its Earnings Potential
Dec 14Sitronix Technology Corporation's (TPE:8016) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Nov 30Is Sitronix Technology (TPE:8016) Using Too Much Debt?
Nov 17Financial Position Analysis
Short Term Liabilities: 8016's short term assets (NT$15.1B) exceed its short term liabilities (NT$5.6B).
Long Term Liabilities: 8016's short term assets (NT$15.1B) exceed its long term liabilities (NT$428.8M).
Debt to Equity History and Analysis
Debt Level: 8016 has more cash than its total debt.
Reducing Debt: 8016's debt to equity ratio has reduced from 4.5% to 0.2% over the past 5 years.
Debt Coverage: 8016's debt is well covered by operating cash flow (9293.7%).
Interest Coverage: 8016 earns more interest than it pays, so coverage of interest payments is not a concern.