Cheng Uei Precision Industry Balance Sheet Health
Financial Health criteria checks 3/6
Cheng Uei Precision Industry has a total shareholder equity of NT$36.8B and total debt of NT$41.5B, which brings its debt-to-equity ratio to 112.7%. Its total assets and total liabilities are NT$105.8B and NT$68.9B respectively. Cheng Uei Precision Industry's EBIT is NT$2.9B making its interest coverage ratio 8.4. It has cash and short-term investments of NT$15.7B.
Key information
112.7%
Debt to equity ratio
NT$41.49b
Debt
| Interest coverage ratio | 8.4x |
| Cash | NT$15.69b |
| Equity | NT$36.82b |
| Total liabilities | NT$68.94b |
| Total assets | NT$105.76b |
Recent financial health updates
Does Cheng Uei Precision Industry (TPE:2392) Have A Healthy Balance Sheet?
Apr 16
Is Cheng Uei Precision Industry (TPE:2392) A Risky Investment?
Jan 05Recent updates
Does Cheng Uei Precision Industry (TPE:2392) Have A Healthy Balance Sheet?
Apr 16Estimating The Intrinsic Value Of Cheng Uei Precision Industry Co., Ltd. (TPE:2392)
Apr 01What Do The Returns At Cheng Uei Precision Industry (TPE:2392) Mean Going Forward?
Mar 15Update: Cheng Uei Precision Industry (TPE:2392) Stock Gained 27% In The Last Year
Feb 26Should Cheng Uei Precision Industry Co., Ltd. (TPE:2392) Be Part Of Your Dividend Portfolio?
Feb 08Cheng Uei Precision Industry Co., Ltd. (TPE:2392) On An Uptrend: Could Fundamentals Be Driving The Stock?
Jan 24Is Cheng Uei Precision Industry (TPE:2392) A Risky Investment?
Jan 05Does Cheng Uei Precision Industry's (TPE:2392) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 20Will the Promising Trends At Cheng Uei Precision Industry (TPE:2392) Continue?
Dec 05Financial Position Analysis
Short Term Liabilities: 2392's short term assets (NT$67.7B) exceed its short term liabilities (NT$41.3B).
Long Term Liabilities: 2392's short term assets (NT$67.7B) exceed its long term liabilities (NT$27.7B).
Debt to Equity History and Analysis
Debt Level: 2392's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: 2392's debt to equity ratio has increased from 60.1% to 112.7% over the past 5 years.
Debt Coverage: 2392's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: 2392's interest payments on its debt are well covered by EBIT (8.4x coverage).