Chenming Electronic Tech Balance Sheet Health
Financial Health criteria checks 5/6
Chenming Electronic Tech has a total shareholder equity of NT$3.3B and total debt of NT$831.8M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are NT$6.5B and NT$3.3B respectively. Chenming Electronic Tech's EBIT is NT$227.6M making its interest coverage ratio -177.3. It has cash and short-term investments of NT$826.4M.
Key information
25.5%
Debt to equity ratio
NT$831.81m
Debt
| Interest coverage ratio | -177.3x |
| Cash | NT$826.40m |
| Equity | NT$3.26b |
| Total liabilities | NT$3.26b |
| Total assets | NT$6.52b |
Recent financial health updates
We Think Chenming Electronic Technology (TPE:3013) Can Manage Its Debt With Ease
Mar 10
Chenming Electronic Technology (TPE:3013) Has A Rock Solid Balance Sheet
Dec 09Recent updates
Investors Appear Satisfied With Chenming Electronic Tech. Corp.'s (TWSE:3013) Prospects As Shares Rocket 48%
Apr 18Chenming Electronic Tech (TWSE:3013) Shareholders Will Want The ROCE Trajectory To Continue
Apr 10We Like The Quality Of Chenming Electronic Tech's (TWSE:3013) Earnings
Mar 20Some Confidence Is Lacking In Chenming Electronic Tech. Corp.'s (TWSE:3013) P/E
Mar 04We Think Chenming Electronic Technology (TPE:3013) Can Manage Its Debt With Ease
Mar 10Chenming Electronic Technology Corporation (TPE:3013) Is Up But Financials Look Inconsistent: Which Way Is The Stock Headed?
Feb 20What Do The Returns At Chenming Electronic Technology (TPE:3013) Mean Going Forward?
Feb 01
Should You Buy Chenming Electronic Technology Corporation (TPE:3013) For Its Dividend?
Jan 14Would Shareholders Who Purchased Chenming Electronic Technology's (TPE:3013) Stock Three Years Be Happy With The Share price Today?
Dec 27Chenming Electronic Technology (TPE:3013) Has A Rock Solid Balance Sheet
Dec 09Can Mixed Financials Have A Negative Impact on Chenming Electronic Technology Corporation's 's (TPE:3013) Current Price Momentum?
Nov 21Financial Position Analysis
Short Term Liabilities: 3013's short term assets (NT$3.8B) exceed its short term liabilities (NT$2.4B).
Long Term Liabilities: 3013's short term assets (NT$3.8B) exceed its long term liabilities (NT$865.0M).
Debt to Equity History and Analysis
Debt Level: 3013's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 3013's debt to equity ratio has increased from 25% to 25.5% over the past 5 years.
Debt Coverage: 3013's debt is well covered by operating cash flow (165.9%).
Interest Coverage: 3013 earns more interest than it pays, so coverage of interest payments is not a concern.