Solomon Technology Balance Sheet Health
Financial Health criteria checks 4/6
Solomon Technology has a total shareholder equity of NT$5.7B and total debt of NT$673.0M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are NT$8.9B and NT$3.3B respectively. Solomon Technology's EBIT is NT$143.1M making its interest coverage ratio -0.9. It has cash and short-term investments of NT$2.2B.
Key information
11.9%
Debt to equity ratio
NT$673.00m
Debt
| Interest coverage ratio | -0.9x |
| Cash | NT$2.15b |
| Equity | NT$5.66b |
| Total liabilities | NT$3.29b |
| Total assets | NT$8.95b |
Recent financial health updates
Recent updates
Solomon Technology's (TWSE:2359) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 25
Capital Allocation Trends At Solomon Technology (TWSE:2359) Aren't Ideal
Apr 19Solomon Technology Corporation's (TWSE:2359) Shares Leap 33% Yet They're Still Not Telling The Full Story
Mar 21Solomon Technology (TWSE:2359) Is Increasing Its Dividend To NT$1.70
Mar 13Solomon Technology (TPE:2359) Could Be Struggling To Allocate Capital
Apr 03Solomon Technology (TPE:2359) Could Easily Take On More Debt
Mar 07We're Not Counting On Solomon Technology (TPE:2359) To Sustain Its Statutory Profitability
Feb 09
A Look At Solomon Technology's (TPE:2359) Share Price Returns
Jan 19Is Solomon Technology Corporation (TPE:2359) An Attractive Dividend Stock?
Dec 29The Returns On Capital At Solomon Technology (TPE:2359) Don't Inspire Confidence
Dec 08Financial Position Analysis
Short Term Liabilities: 2359's short term assets (NT$5.4B) exceed its short term liabilities (NT$3.0B).
Long Term Liabilities: 2359's short term assets (NT$5.4B) exceed its long term liabilities (NT$278.4M).
Debt to Equity History and Analysis
Debt Level: 2359 has more cash than its total debt.
Reducing Debt: 2359's debt to equity ratio has increased from 9.8% to 11.9% over the past 5 years.
Debt Coverage: 2359's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2359 earns more interest than it pays, so coverage of interest payments is not a concern.