Thinking Electronic Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Thinking Electronic Industrial has a total shareholder equity of NT$10.2B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are NT$16.0B and NT$5.8B respectively. Thinking Electronic Industrial's EBIT is NT$1.8B making its interest coverage ratio -14.8. It has cash and short-term investments of NT$5.1B.
Key information
21.9%
Debt to equity ratio
NT$2.24b
Debt
| Interest coverage ratio | -14.8x |
| Cash | NT$5.05b |
| Equity | NT$10.23b |
| Total liabilities | NT$5.79b |
| Total assets | NT$16.02b |
Recent financial health updates
Thinking Electronic Industrial (TWSE:2428) Could Easily Take On More Debt
May 08
Thinking Electronic Industrial (TPE:2428) Could Easily Take On More Debt
Jan 20
Recent updates
Thinking Electronic Industrial (TWSE:2428) Is Paying Out Less In Dividends Than Last Year
Aug 25Thinking Electronic Industrial (TWSE:2428) Has Announced That Its Dividend Will Be Reduced To NT$5.20
Aug 11There Is A Reason Thinking Electronic Industrial Co., Ltd.'s (TWSE:2428) Price Is Undemanding
Aug 09There Are Reasons To Feel Uneasy About Thinking Electronic Industrial's (TWSE:2428) Returns On Capital
Jul 23Thinking Electronic Industrial (TWSE:2428) Could Easily Take On More Debt
May 08Thinking Electronic Industrial (TPE:2428) Is Achieving High Returns On Its Capital
Apr 16Is 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 04Thinking 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$9.9B) exceed its short term liabilities (NT$3.3B).
Long Term Liabilities: 2428's short term assets (NT$9.9B) 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 1.7% to 21.9% over the past 5 years.
Debt Coverage: 2428's debt is well covered by operating cash flow (84.3%).
Interest Coverage: 2428 earns more interest than it pays, so coverage of interest payments is not a concern.