I-Chiun Precision Industry Balance Sheet Health
Financial Health criteria checks 6/6
I-Chiun Precision Industry has a total shareholder equity of NT$5.4B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are NT$8.5B and NT$3.1B respectively. I-Chiun Precision Industry's EBIT is NT$61.5M making its interest coverage ratio 3.2. It has cash and short-term investments of NT$1.6B.
Key information
23.0%
Debt to equity ratio
NT$1.23b
Debt
| Interest coverage ratio | 3.2x |
| Cash | NT$1.57b |
| Equity | NT$5.37b |
| Total liabilities | NT$3.11b |
| Total assets | NT$8.48b |
Recent financial health updates
We Think I-Chiun Precision Industry (TWSE:2486) Can Stay On Top Of Its Debt
Jan 15
Here's Why I-Chiun Precision Industry (TWSE:2486) Can Manage Its Debt Responsibly
Oct 07Would I-Chiun Precision Industry (TPE:2486) Be Better Off With Less Debt?
Feb 15
Recent updates
We Think I-Chiun Precision Industry (TWSE:2486) Can Stay On Top Of Its Debt
Jan 15Returns Are Gaining Momentum At I-Chiun Precision Industry (TWSE:2486)
Dec 16I-Chiun Precision Industry's (TWSE:2486) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 19Here's Why I-Chiun Precision Industry (TWSE:2486) Can Manage Its Debt Responsibly
Oct 07Optimistic Investors Push I-Chiun Precision Industry Co., Ltd. (TWSE:2486) Shares Up 26% But Growth Is Lacking
Oct 07Some I-Chiun Precision Industry Co., Ltd. (TWSE:2486) Shareholders Look For Exit As Shares Take 26% Pounding
Aug 05We Think I-Chiun Precision Industry's (TWSE:2486) Healthy Earnings Might Be Conservative
Mar 21Would I-Chiun Precision Industry (TPE:2486) Be Better Off With Less Debt?
Feb 15Did Business Growth Power I-Chiun Precision Industry's (TPE:2486) Share Price Gain of 114%?
Dec 25Financial Position Analysis
Short Term Liabilities: 2486's short term assets (NT$5.4B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 2486's short term assets (NT$5.4B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 2486 has more cash than its total debt.
Reducing Debt: 2486's debt to equity ratio has reduced from 53.2% to 23% over the past 5 years.
Debt Coverage: 2486's debt is well covered by operating cash flow (36.6%).
Interest Coverage: 2486's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/12 16:12 |
| End of Day Share Price | 2025/02/12 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
I-Chiun Precision Industry Co., Ltd. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xi Hao Bau | Capital Securities Corporation |
| Derong Cheng | Credit Suisse |
| Shuchun Hsiao | Masterlink Securities Corp. |