I-Chiun Precision Industry Balance Sheet Health
Financial Health criteria checks 6/6
I-Chiun Precision Industry has a total shareholder equity of NT$4.5B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are NT$8.0B and NT$3.5B respectively. I-Chiun Precision Industry's EBIT is NT$74.4M making its interest coverage ratio 3.3. It has cash and short-term investments of NT$2.1B.
Key information
38.1%
Debt to equity ratio
NT$1.72b
Debt
Interest coverage ratio | 3.3x |
Cash | NT$2.14b |
Equity | NT$4.51b |
Total liabilities | NT$3.47b |
Total assets | NT$7.98b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2486's short term assets (NT$5.5B) exceed its short term liabilities (NT$2.7B).
Long Term Liabilities: 2486's short term assets (NT$5.5B) exceed its long term liabilities (NT$767.0M).
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 49.2% to 38.1% over the past 5 years.
Debt Coverage: 2486's debt is well covered by operating cash flow (48.6%).
Interest Coverage: 2486's interest payments on its debt are well covered by EBIT (3.3x coverage).