Chien Wei Precise Technology Balance Sheet Health
Financial Health criteria checks 5/6
Chien Wei Precise Technology has a total shareholder equity of NT$431.2M and total debt of NT$168.8M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are NT$760.5M and NT$329.3M respectively. Chien Wei Precise Technology's EBIT is NT$8.0M making its interest coverage ratio 1.3. It has cash and short-term investments of NT$87.0M.
Key information
39.1%
Debt to equity ratio
NT$168.76m
Debt
| Interest coverage ratio | 1.3x |
| Cash | NT$87.03m |
| Equity | NT$431.20m |
| Total liabilities | NT$329.35m |
| Total assets | NT$760.54m |
Financial Position Analysis
Short Term Liabilities: 8092's short term assets (NT$428.4M) exceed its short term liabilities (NT$232.1M).
Long Term Liabilities: 8092's short term assets (NT$428.4M) exceed its long term liabilities (NT$97.3M).
Debt to Equity History and Analysis
Debt Level: 8092's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: 8092's debt to equity ratio has reduced from 87.9% to 39.1% over the past 5 years.
Debt Coverage: 8092's debt is well covered by operating cash flow (37%).
Interest Coverage: 8092's interest payments on its debt are not well covered by EBIT (1.3x coverage).