New Era Electronics Balance Sheet Health
Financial Health criteria checks 6/6
New Era Electronics has a total shareholder equity of NT$2.5B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$2.9B and NT$402.6M respectively. New Era Electronics's EBIT is NT$128.6M making its interest coverage ratio -2.3. It has cash and short-term investments of NT$1.7B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -2.3x |
| Cash | NT$1.69b |
| Equity | NT$2.55b |
| Total liabilities | NT$402.62m |
| Total assets | NT$2.95b |
Financial Position Analysis
Short Term Liabilities: 4909's short term assets (NT$2.5B) exceed its short term liabilities (NT$368.2M).
Long Term Liabilities: 4909's short term assets (NT$2.5B) exceed its long term liabilities (NT$34.4M).
Debt to Equity History and Analysis
Debt Level: 4909 is debt free.
Reducing Debt: 4909 has no debt compared to 5 years ago when its debt to equity ratio was 14.3%.
Debt Coverage: 4909 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4909 has no debt, therefore coverage of interest payments is not a concern.