CMC Magnetics Balance Sheet Health
Financial Health criteria checks 3/6
CMC Magnetics has a total shareholder equity of NT$18.7B and total debt of NT$5.4B, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are NT$26.9B and NT$8.3B respectively.
Key information
29.0%
Debt to equity ratio
NT$5.41b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$11.42b |
| Equity | NT$18.68b |
| Total liabilities | NT$8.26b |
| Total assets | NT$26.94b |
Recent financial health updates
Health Check: How Prudently Does CMC Magnetics (TWSE:2323) Use Debt?
Apr 29
Is CMC Magnetics (TPE:2323) Using Debt Sensibly?
Mar 02Recent updates
Shareholders Shouldn’t Be Too Comfortable With CMC Magnetics' (TWSE:2323) Strong Earnings
Nov 22Health Check: How Prudently Does CMC Magnetics (TWSE:2323) Use Debt?
Apr 29CMC Magnetics' (TWSE:2323) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 24Getting In Cheap On CMC Magnetics Corporation (TWSE:2323) Is Unlikely
Mar 19Read This Before Buying CMC Magnetics Corporation (TPE:2323) For Its Dividend
Apr 06Is CMC Magnetics (TPE:2323) Using Debt Sensibly?
Mar 02If You Had Bought CMC Magnetics (TPE:2323) Stock Five Years Ago, You Could Pocket A 73% Gain Today
Jan 26
Here's How We Evaluate CMC Magnetics Corporation's (TPE:2323) Dividend
Dec 22How Much Is CMC Magnetics Corporation (TPE:2323) CEO Getting Paid?
Nov 26Financial Position Analysis
Short Term Liabilities: 2323's short term assets (NT$16.4B) exceed its short term liabilities (NT$4.6B).
Long Term Liabilities: 2323's short term assets (NT$16.4B) exceed its long term liabilities (NT$3.7B).
Debt to Equity History and Analysis
Debt Level: 2323 has more cash than its total debt.
Reducing Debt: 2323's debt to equity ratio has increased from 8.5% to 29% over the past 5 years.
Debt Coverage: 2323's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2323's interest payments on its debt are well covered by EBIT.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/03 08:51 |
| End of Day Share Price | 2025/02/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CMC Magnetics Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | SinoPac Securities Investment Service |
| Harshal Moholkar | Virtua Research Inc. |