SINBON Electronics Balance Sheet Health
Financial Health criteria checks 6/6
SINBON Electronics has a total shareholder equity of NT$13.8B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are NT$28.9B and NT$15.1B respectively. SINBON Electronics's EBIT is NT$3.6B making its interest coverage ratio -35.2. It has cash and short-term investments of NT$6.4B.
Key information
16.0%
Debt to equity ratio
NT$2.21b
Debt
Interest coverage ratio | -35.2x |
Cash | NT$6.35b |
Equity | NT$13.76b |
Total liabilities | NT$15.10b |
Total assets | NT$28.86b |
Recent financial health updates
Is SINBON Electronics (TWSE:3023) Using Too Much Debt?
Jun 13Is SINBON Electronics (TPE:3023) Using Too Much Debt?
Apr 10Is SINBON Electronics (TPE:3023) Using Too Much Debt?
Dec 23Recent updates
SINBON Electronics Co., Ltd.'s (TWSE:3023) Intrinsic Value Is Potentially 23% Below Its Share Price
Aug 08SINBON Electronics Co., Ltd. (TWSE:3023) Investors Are Less Pessimistic Than Expected
Jul 19Here's What SINBON Electronics' (TWSE:3023) Strong Returns On Capital Mean
Jul 03Is SINBON Electronics (TWSE:3023) Using Too Much Debt?
Jun 13With EPS Growth And More, SINBON Electronics (TWSE:3023) Makes An Interesting Case
May 08We Think SINBON Electronics' (TWSE:3023) Healthy Earnings Might Be Conservative
Mar 17SINBON Electronics (TWSE:3023) Looks To Prolong Its Impressive Returns
Mar 01Is SINBON Electronics (TPE:3023) Using Too Much Debt?
Apr 10SINBON Electronics (TPE:3023) Strong Profits May Be Masking Some Underlying Issues
Mar 28SINBON Electronics (TPE:3023) Has Rewarded Shareholders With An Exceptional 422% Total Return On Their Investment
Mar 15Is SINBON Electronics (TPE:3023) The Next Multi-Bagger?
Mar 01Should SINBON Electronics Co., Ltd. (TPE:3023) Be Part Of Your Dividend Portfolio?
Feb 16Here's What SINBON Electronics Co., Ltd.'s (TPE:3023) Shareholder Ownership Structure Looks Like
Feb 03SINBON Electronics Co., Ltd.'s (TPE:3023) Stock Is Going Strong: Is the Market Following Fundamentals?
Jan 17Should You Be Adding SINBON Electronics (TPE:3023) To Your Watchlist Today?
Jan 04Is SINBON Electronics (TPE:3023) Using Too Much Debt?
Dec 23Shareholders of SINBON Electronics (TPE:3023) Must Be Delighted With Their 321% Total Return
Dec 11Is SINBON Electronics (TPE:3023) The Next Multi-Bagger?
Nov 29Does SINBON Electronics Co., Ltd. (TPE:3023) Have A Place In Your Dividend Portfolio?
Nov 17Financial Position Analysis
Short Term Liabilities: 3023's short term assets (NT$23.5B) exceed its short term liabilities (NT$14.3B).
Long Term Liabilities: 3023's short term assets (NT$23.5B) exceed its long term liabilities (NT$769.3M).
Debt to Equity History and Analysis
Debt Level: 3023 has more cash than its total debt.
Reducing Debt: 3023's debt to equity ratio has reduced from 35% to 16% over the past 5 years.
Debt Coverage: 3023's debt is well covered by operating cash flow (132%).
Interest Coverage: 3023 earns more interest than it pays, so coverage of interest payments is not a concern.