Ichia Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Ichia Technologies has a total shareholder equity of NT$6.2B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are NT$10.1B and NT$3.9B respectively. Ichia Technologies's EBIT is NT$482.6M making its interest coverage ratio 124.3. It has cash and short-term investments of NT$1.9B.
Key information
25.7%
Debt to equity ratio
NT$1.59b
Debt
| Interest coverage ratio | 124.3x |
| Cash | NT$1.86b |
| Equity | NT$6.21b |
| Total liabilities | NT$3.91b |
| Total assets | NT$10.12b |
Recent financial health updates
Here's Why Ichia Technologies (TPE:2402) Can Manage Its Debt Responsibly
Mar 19
Ichia Technologies (TPE:2402) Has A Pretty Healthy Balance Sheet
Dec 10
Recent updates
Should Ichia Technologies, Inc. (TPE:2402) Be Part Of Your Income Portfolio?
Apr 20We Like These Underlying Return On Capital Trends At Ichia Technologies (TPE:2402)
Apr 05Here's Why Ichia Technologies (TPE:2402) Can Manage Its Debt Responsibly
Mar 19Is Ichia Technologies, Inc.'s (TPE:2402) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Mar 04Is Now The Time To Look At Buying Ichia Technologies, Inc. (TPE:2402)?
Feb 02Is Ichia Technologies, Inc. (TPE:2402) A Strong Dividend Stock?
Jan 18Here’s What’s Happening With Returns At Ichia Technologies (TPE:2402)
Jan 05Does Ichia Technologies's (TPE:2402) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 23Ichia Technologies (TPE:2402) Has A Pretty Healthy Balance Sheet
Dec 10Is Ichia Technologies, Inc.'s (TPE:2402) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Nov 27Financial Position Analysis
Short Term Liabilities: 2402's short term assets (NT$6.4B) exceed its short term liabilities (NT$3.5B).
Long Term Liabilities: 2402's short term assets (NT$6.4B) exceed its long term liabilities (NT$439.4M).
Debt to Equity History and Analysis
Debt Level: 2402 has more cash than its total debt.
Reducing Debt: 2402's debt to equity ratio has reduced from 32% to 25.7% over the past 5 years.
Debt Coverage: 2402's debt is well covered by operating cash flow (66.5%).
Interest Coverage: 2402's interest payments on its debt are well covered by EBIT (124.3x coverage).