SINBON Electronics Co., Ltd.

TWSE:3023 Stock Report

Market Cap: NT$76.1b

SINBON Electronics Balance Sheet Health

Financial Health criteria checks 6/6

SINBON Electronics has a total shareholder equity of NT$15.1B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are NT$28.8B and NT$13.7B respectively. SINBON Electronics's EBIT is NT$3.2B making its interest coverage ratio -137.7. It has cash and short-term investments of NT$6.1B.

Key information

15.4%

Debt to equity ratio

NT$2.32b

Debt

Interest coverage ratio-137.7x
CashNT$6.08b
EquityNT$15.08b
Total liabilitiesNT$13.67b
Total assetsNT$28.75b

Recent financial health updates

Recent updates

SINBON Electronics Co., Ltd. (TWSE:3023) Investors Are Less Pessimistic Than Expected

Jul 19
SINBON Electronics Co., Ltd. (TWSE:3023) Investors Are Less Pessimistic Than Expected

Here's What SINBON Electronics' (TWSE:3023) Strong Returns On Capital Mean

Jul 03
Here's What SINBON Electronics' (TWSE:3023) Strong Returns On Capital Mean

Is SINBON Electronics (TWSE:3023) Using Too Much Debt?

Jun 13
Is SINBON Electronics (TWSE:3023) Using Too Much Debt?

With EPS Growth And More, SINBON Electronics (TWSE:3023) Makes An Interesting Case

May 08
With EPS Growth And More, SINBON Electronics (TWSE:3023) Makes An Interesting Case

We Think SINBON Electronics' (TWSE:3023) Healthy Earnings Might Be Conservative

Mar 17
We Think SINBON Electronics' (TWSE:3023) Healthy Earnings Might Be Conservative

SINBON Electronics (TWSE:3023) Looks To Prolong Its Impressive Returns

Mar 01
SINBON Electronics (TWSE:3023) Looks To Prolong Its Impressive Returns

Is SINBON Electronics (TPE:3023) Using Too Much Debt?

Apr 10
Is SINBON Electronics (TPE:3023) Using Too Much Debt?

SINBON Electronics (TPE:3023) Strong Profits May Be Masking Some Underlying Issues

Mar 28
SINBON Electronics (TPE:3023) Strong Profits May Be Masking Some Underlying Issues

SINBON Electronics (TPE:3023) Has Rewarded Shareholders With An Exceptional 422% Total Return On Their Investment

Mar 15
SINBON Electronics (TPE:3023) Has Rewarded Shareholders With An Exceptional 422% Total Return On Their Investment

Is SINBON Electronics (TPE:3023) The Next Multi-Bagger?

Mar 01
Is SINBON Electronics (TPE:3023) The Next Multi-Bagger?

Should SINBON Electronics Co., Ltd. (TPE:3023) Be Part Of Your Dividend Portfolio?

Feb 16
Should SINBON Electronics Co., Ltd. (TPE:3023) Be Part Of Your Dividend Portfolio?

Here's What SINBON Electronics Co., Ltd.'s (TPE:3023) Shareholder Ownership Structure Looks Like

Feb 03
Here's What SINBON Electronics Co., Ltd.'s (TPE:3023) Shareholder Ownership Structure Looks Like

SINBON Electronics Co., Ltd.'s (TPE:3023) Stock Is Going Strong: Is the Market Following Fundamentals?

Jan 17
SINBON Electronics Co., Ltd.'s (TPE:3023) Stock Is Going Strong: Is the Market Following Fundamentals?

Should You Be Adding SINBON Electronics (TPE:3023) To Your Watchlist Today?

Jan 04
Should You Be Adding SINBON Electronics (TPE:3023) To Your Watchlist Today?

Is SINBON Electronics (TPE:3023) Using Too Much Debt?

Dec 23
Is SINBON Electronics (TPE:3023) Using Too Much Debt?

Shareholders of SINBON Electronics (TPE:3023) Must Be Delighted With Their 321% Total Return

Dec 11
Shareholders of SINBON Electronics (TPE:3023) Must Be Delighted With Their 321% Total Return

Is SINBON Electronics (TPE:3023) The Next Multi-Bagger?

Nov 29
Is SINBON Electronics (TPE:3023) The Next Multi-Bagger?

Does SINBON Electronics Co., Ltd. (TPE:3023) Have A Place In Your Dividend Portfolio?

Nov 17
Does SINBON Electronics Co., Ltd. (TPE:3023) Have A Place In Your Dividend Portfolio?

Financial Position Analysis

Short Term Liabilities: 3023's short term assets (NT$23.2B) exceed its short term liabilities (NT$12.7B).

Long Term Liabilities: 3023's short term assets (NT$23.2B) exceed its long term liabilities (NT$962.8M).


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 32.9% to 15.4% over the past 5 years.

Debt Coverage: 3023's debt is well covered by operating cash flow (189.2%).

Interest Coverage: 3023 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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