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 3.1. It has cash and short-term investments of NT$1.6B.
Key information
23.0%
Debt to equity ratio
NT$1.24b
Debt
| Interest coverage ratio | 3.1x |
| Cash | NT$1.61b |
| Equity | NT$5.37b |
| Total liabilities | NT$3.11b |
| Total assets | NT$8.48b |
Recent financial health updates
Here's Why I-Chiun Precision Industry (TWSE:2486) Can Manage Its Debt Responsibly
Oct 07
Would I-Chiun Precision Industry (TPE:2486) Be Better Off With Less Debt?
Feb 15
Recent updates
I-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 (36.5%).
Interest Coverage: 2486's interest payments on its debt are well covered by EBIT (3.1x coverage).