Universal Microelectronics Balance Sheet Health
Financial Health criteria checks 6/6
Universal Microelectronics has a total shareholder equity of NT$2.0B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 60.5%. Its total assets and total liabilities are NT$4.8B and NT$2.8B respectively. Universal Microelectronics's EBIT is NT$85.6M making its interest coverage ratio 4.5. It has cash and short-term investments of NT$762.0M.
Key information
60.5%
Debt to equity ratio
NT$1.22b
Debt
Interest coverage ratio | 4.5x |
Cash | NT$762.02m |
Equity | NT$2.02b |
Total liabilities | NT$2.83b |
Total assets | NT$4.85b |
Recent financial health updates
Recent updates
Universal Microelectronics' (TWSE:2413) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 25Universal Microelectronics (TPE:2413) May Have Issues Allocating Its Capital
Mar 30Would Universal Microelectronics (TPE:2413) Be Better Off With Less Debt?
Feb 15Update: Universal Microelectronics (TPE:2413) Stock Gained 73% In The Last Five Years
Dec 24Financial Position Analysis
Short Term Liabilities: 2413's short term assets (NT$3.2B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 2413's short term assets (NT$3.2B) exceed its long term liabilities (NT$972.6M).
Debt to Equity History and Analysis
Debt Level: 2413's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: 2413's debt to equity ratio has reduced from 115.6% to 60.5% over the past 5 years.
Debt Coverage: 2413's debt is well covered by operating cash flow (28.4%).
Interest Coverage: 2413's interest payments on its debt are well covered by EBIT (4.5x coverage).