Thinking Electronic Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Thinking Electronic Industrial has a total shareholder equity of NT$9.4B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are NT$13.6B and NT$4.2B respectively. Thinking Electronic Industrial's EBIT is NT$1.6B making its interest coverage ratio -15.5. It has cash and short-term investments of NT$4.0B.
Key information
12.3%
Debt to equity ratio
NT$1.16b
Debt
| Interest coverage ratio | -15.5x |
| Cash | NT$4.03b |
| Equity | NT$9.45b |
| Total liabilities | NT$4.20b |
| Total assets | NT$13.65b |
Recent financial health updates
Recent updates
Thinking Electronic Industrial (TPE:2428) Is Achieving High Returns On Its Capital
Apr 16
Is Now An Opportune Moment To Examine Thinking Electronic Industrial Co., Ltd. (TPE:2428)?
Mar 21Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Mar 07Is Thinking Electronic Industrial Co., Ltd. (TPE:2428) A Smart Pick For Income Investors?
Feb 19Thinking Electronic Industrial (TPE:2428) Has Rewarded Shareholders With An Exceptional 346% Total Return On Their Investment
Feb 04
Thinking Electronic Industrial (TPE:2428) Could Easily Take On More Debt
Jan 20Thinking Electronic Industrial (TPE:2428) Is Very Good At Capital Allocation
Jan 05What You Need To Know About Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Investor Composition
Dec 21Is Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Latest Stock Performance A Reflection Of Its Financial Health?
Dec 06Thinking Electronic Industrial Co., Ltd. (TPE:2428) Vies For A Place In Your Dividend Portfolio: Here's Why
Nov 20Financial Position Analysis
Short Term Liabilities: 2428's short term assets (NT$8.0B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 2428's short term assets (NT$8.0B) exceed its long term liabilities (NT$2.6B).
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 2.9% to 12.3% over the past 5 years.
Debt Coverage: 2428's debt is well covered by operating cash flow (183.1%).
Interest Coverage: 2428 earns more interest than it pays, so coverage of interest payments is not a concern.