Weikeng Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Weikeng Industrial has a total shareholder equity of NT$8.8B and total debt of NT$16.5B, which brings its debt-to-equity ratio to 187.9%. Its total assets and total liabilities are NT$38.6B and NT$29.9B respectively. Weikeng Industrial's EBIT is NT$1.8B making its interest coverage ratio 2. It has cash and short-term investments of NT$2.4B.
Key information
187.9%
Debt to equity ratio
NT$16.47b
Debt
| Interest coverage ratio | 2x |
| Cash | NT$2.41b |
| Equity | NT$8.77b |
| Total liabilities | NT$29.88b |
| Total assets | NT$38.65b |
Recent financial health updates
Recent updates
Read This Before Buying Weikeng Industrial Co., Ltd. (TPE:3033) For Its Dividend
Apr 13
Returns On Capital At Weikeng Industrial (TPE:3033) Have Stalled
Mar 26Weikeng Industrial Co., Ltd. (TPE:3033) Has A ROE Of 9.5%
Mar 08Weikeng Industrial (TPE:3033) Shareholders Booked A 13% Gain In The Last Year
Feb 18Weikeng Industrial (TPE:3033) Takes On Some Risk With Its Use Of Debt
Jan 19Read This Before Buying Weikeng Industrial Co., Ltd. (TPE:3033) For Its Dividend
Jan 01Is Weikeng Industrial (TPE:3033) Likely To Turn Things Around?
Dec 14Does Weikeng Industrial Co., Ltd. (TPE:3033) Create Value For Shareholders?
Nov 26
Financial Position Analysis
Short Term Liabilities: 3033's short term assets (NT$37.9B) exceed its short term liabilities (NT$27.0B).
Long Term Liabilities: 3033's short term assets (NT$37.9B) exceed its long term liabilities (NT$2.9B).
Debt to Equity History and Analysis
Debt Level: 3033's net debt to equity ratio (160.4%) is considered high.
Reducing Debt: 3033's debt to equity ratio has reduced from 202.3% to 187.9% over the past 5 years.
Debt Coverage: 3033's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 3033's interest payments on its debt are not well covered by EBIT (2x coverage).