Thinking Electronic Industrial Co., Ltd.

TWSE:2428 Stock Report

Market Cap: NT$23.5b

Thinking Electronic Industrial Balance Sheet Health

Financial Health criteria checks 5/6

Thinking Electronic Industrial has a total shareholder equity of NT$10.1B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are NT$14.5B and NT$4.5B respectively. Thinking Electronic Industrial's EBIT is NT$1.6B making its interest coverage ratio -13.6. It has cash and short-term investments of NT$4.4B.

Key information

12.9%

Debt to equity ratio

NT$1.30b

Debt

Interest coverage ratio-13.6x
CashNT$4.44b
EquityNT$10.07b
Total liabilitiesNT$4.47b
Total assetsNT$14.55b

Recent financial health updates

Recent updates

Thinking Electronic Industrial (TWSE:2428) Could Easily Take On More Debt

May 08
Thinking Electronic Industrial (TWSE:2428) Could Easily Take On More Debt

Thinking Electronic Industrial (TPE:2428) Is Achieving High Returns On Its Capital

Apr 16
Thinking Electronic Industrial (TPE:2428) Is Achieving High Returns On Its Capital

Is Now An Opportune Moment To Examine Thinking Electronic Industrial Co., Ltd. (TPE:2428)?

Mar 21
Is Now An Opportune Moment To Examine Thinking Electronic Industrial Co., Ltd. (TPE:2428)?

Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Mar 07
Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Is Thinking Electronic Industrial Co., Ltd. (TPE:2428) A Smart Pick For Income Investors?

Feb 19
Is Thinking Electronic Industrial Co., Ltd. (TPE:2428) A Smart Pick For Income Investors?

Thinking Electronic Industrial (TPE:2428) Has Rewarded Shareholders With An Exceptional 346% Total Return On Their Investment

Feb 04
Thinking Electronic Industrial (TPE:2428) Has Rewarded Shareholders With An Exceptional 346% Total Return On Their Investment

Thinking Electronic Industrial (TPE:2428) Could Easily Take On More Debt

Jan 20
Thinking Electronic Industrial (TPE:2428) Could Easily Take On More Debt

Thinking Electronic Industrial (TPE:2428) Is Very Good At Capital Allocation

Jan 05
Thinking Electronic Industrial (TPE:2428) Is Very Good At Capital Allocation

What You Need To Know About Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Investor Composition

Dec 21
What You Need To Know About Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Investor Composition

Is Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Latest Stock Performance A Reflection Of Its Financial Health?

Dec 06
Is Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Latest Stock Performance A Reflection Of Its Financial Health?

Thinking Electronic Industrial Co., Ltd. (TPE:2428) Vies For A Place In Your Dividend Portfolio: Here's Why

Nov 20
Thinking Electronic Industrial Co., Ltd. (TPE:2428) Vies For A Place In Your Dividend Portfolio: Here's Why

Financial Position Analysis

Short Term Liabilities: 2428's short term assets (NT$8.6B) exceed its short term liabilities (NT$1.9B).

Long Term Liabilities: 2428's short term assets (NT$8.6B) exceed its long term liabilities (NT$2.5B).


Debt to Equity History and Analysis

Debt Level: 2428 has more cash than its total debt.

Reducing Debt: 2428's debt to equity ratio has increased from 2.3% to 12.9% over the past 5 years.

Debt Coverage: 2428's debt is well covered by operating cash flow (157.4%).

Interest Coverage: 2428 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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