I-Chiun Precision Industry Balance Sheet Health
Financial Health criteria checks 6/6
I-Chiun Precision Industry has a total shareholder equity of NT$4.4B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are NT$7.8B and NT$3.4B respectively. I-Chiun Precision Industry's EBIT is NT$176.5M making its interest coverage ratio 7.3. It has cash and short-term investments of NT$1.7B.
Key information
37.0%
Debt to equity ratio
NT$1.62b
Debt
| Interest coverage ratio | 7.3x |
| Cash | NT$1.71b |
| Equity | NT$4.38b |
| Total liabilities | NT$3.41b |
| Total assets | NT$7.80b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2486's short term assets (NT$5.2B) exceed its short term liabilities (NT$2.7B).
Long Term Liabilities: 2486's short term assets (NT$5.2B) exceed its long term liabilities (NT$725.7M).
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 49% to 37% over the past 5 years.
Debt Coverage: 2486's debt is well covered by operating cash flow (52.2%).
Interest Coverage: 2486's interest payments on its debt are well covered by EBIT (7.3x coverage).