Jhen Vei Electronic Balance Sheet Health
Financial Health criteria checks 3/6
Jhen Vei Electronic has a total shareholder equity of NT$806.6M and total debt of NT$361.3M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are NT$1.5B and NT$668.0M respectively. Jhen Vei Electronic's EBIT is NT$14.7M making its interest coverage ratio 2.5. It has cash and short-term investments of NT$244.8M.
Key information
44.8%
Debt to equity ratio
NT$361.26m
Debt
| Interest coverage ratio | 2.5x |
| Cash | NT$244.80m |
| Equity | NT$806.63m |
| Total liabilities | NT$668.00m |
| Total assets | NT$1.47b |
Recent financial health updates
Is Jhen Vei Electronic (GTSM:3520) A Risky Investment?
Mar 27
Jhen Vei Electronic (GTSM:3520) Seems To Use Debt Quite Sensibly
Dec 26Recent updates
Is Jhen Vei Electronic (GTSM:3520) A Risky Investment?
Mar 27Will the Promising Trends At Jhen Vei Electronic (GTSM:3520) Continue?
Feb 28Should Weakness in Jhen Vei Electronic Co., Ltd.'s (GTSM:3520) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Jan 21Jhen Vei Electronic (GTSM:3520) Seems To Use Debt Quite Sensibly
Dec 26Will The ROCE Trend At Jhen Vei Electronic (GTSM:3520) Continue?
Nov 29
Financial Position Analysis
Short Term Liabilities: 3520's short term assets (NT$838.1M) exceed its short term liabilities (NT$306.7M).
Long Term Liabilities: 3520's short term assets (NT$838.1M) exceed its long term liabilities (NT$361.3M).
Debt to Equity History and Analysis
Debt Level: 3520's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: 3520's debt to equity ratio has increased from 19.5% to 44.8% over the past 5 years.
Debt Coverage: 3520's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3520's interest payments on its debt are not well covered by EBIT (2.5x coverage).