Kaimei Electronic Balance Sheet Health
Financial Health criteria checks 6/6
Kaimei Electronic has a total shareholder equity of NT$9.0B and total debt of NT$3.5B, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are NT$14.2B and NT$5.3B respectively. Kaimei Electronic's EBIT is NT$195.7M making its interest coverage ratio -1.2. It has cash and short-term investments of NT$3.0B.
Key information
39.4%
Debt to equity ratio
NT$3.53b
Debt
Interest coverage ratio | -1.2x |
Cash | NT$2.98b |
Equity | NT$8.98b |
Total liabilities | NT$5.26b |
Total assets | NT$14.24b |
Recent financial health updates
We Think Kaimei Electronic (TPE:2375) Can Manage Its Debt With Ease
Mar 07Kaimei Electronic (TPE:2375) Seems To Use Debt Quite Sensibly
Dec 05Recent updates
Some Investors May Be Willing To Look Past Kaimei Electronic's (TWSE:2375) Soft Earnings
Apr 03Could Kaimei Electronic Corp. (TPE:2375) Have The Makings Of Another Dividend Aristocrat?
Apr 06We Think Kaimei Electronic (TPE:2375) Can Manage Its Debt With Ease
Mar 07Does Kaimei Electronic (TPE:2375) Have The Makings Of A Multi-Bagger?
Feb 14Kaimei Electronic Corp.'s (TPE:2375) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 27Shareholders of Kaimei Electronic (TPE:2375) Must Be Delighted With Their 557% Total Return
Jan 09Should You Rely On Kaimei Electronic's (TPE:2375) Earnings Growth?
Dec 23Kaimei Electronic (TPE:2375) Seems To Use Debt Quite Sensibly
Dec 05Financial Position Analysis
Short Term Liabilities: 2375's short term assets (NT$6.6B) exceed its short term liabilities (NT$4.7B).
Long Term Liabilities: 2375's short term assets (NT$6.6B) exceed its long term liabilities (NT$512.6M).
Debt to Equity History and Analysis
Debt Level: 2375's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 2375's debt to equity ratio has reduced from 45.2% to 39.4% over the past 5 years.
Debt Coverage: 2375's debt is well covered by operating cash flow (36%).
Interest Coverage: 2375 earns more interest than it pays, so coverage of interest payments is not a concern.