Chenming Electronic Tech Balance Sheet Health
Financial Health criteria checks 6/6
Chenming Electronic Tech has a total shareholder equity of NT$4.1B and total debt of NT$453.2M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are NT$7.8B and NT$3.8B respectively. Chenming Electronic Tech's EBIT is NT$646.6M making its interest coverage ratio -120.3. It has cash and short-term investments of NT$700.7M.
Key information
11.1%
Debt to equity ratio
NT$453.17m
Debt
| Interest coverage ratio | -120.3x |
| Cash | NT$700.72m |
| Equity | NT$4.07b |
| Total liabilities | NT$3.77b |
| Total assets | NT$7.84b |
Recent financial health updates
Does Chenming Electronic Tech (TWSE:3013) Have A Healthy Balance Sheet?
Sep 01
We Think Chenming Electronic Technology (TPE:3013) Can Manage Its Debt With Ease
Mar 10Chenming Electronic Technology (TPE:3013) Has A Rock Solid Balance Sheet
Dec 09Recent updates
Shareholders Can Be Confident That Chenming Electronic Tech's (TWSE:3013) Earnings Are High Quality
Nov 13Chenming Electronic Tech. Corp. (TWSE:3013) Looks Just Right With A 34% Price Jump
Oct 21Is There Now An Opportunity In Chenming Electronic Tech. Corp. (TWSE:3013)?
Oct 14Chenming Electronic Tech (TWSE:3013) Is Looking To Continue Growing Its Returns On Capital
Sep 22Chenming Electronic Tech. Corp. (TWSE:3013) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable
Sep 05Does Chenming Electronic Tech (TWSE:3013) Have A Healthy Balance Sheet?
Sep 01Chenming Electronic Tech. Corp.'s (TWSE:3013) P/E Is Still On The Mark Following 37% Share Price Bounce
Jul 19If EPS Growth Is Important To You, Chenming Electronic Tech (TWSE:3013) Presents An Opportunity
Jun 24Investors Appear Satisfied With Chenming Electronic Tech. Corp.'s (TWSE:3013) Prospects As Shares Rocket 28%
Jun 03Investors 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$4.9B) exceed its short term liabilities (NT$3.3B).
Long Term Liabilities: 3013's short term assets (NT$4.9B) exceed its long term liabilities (NT$494.7M).
Debt to Equity History and Analysis
Debt Level: 3013 has more cash than its total debt.
Reducing Debt: 3013's debt to equity ratio has reduced from 25.2% to 11.1% over the past 5 years.
Debt Coverage: 3013's debt is well covered by operating cash flow (200.5%).
Interest Coverage: 3013 earns more interest than it pays, so coverage of interest payments is not a concern.