Emerging Display Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Emerging Display Technologies has a total shareholder equity of NT$2.7B and total debt of NT$349.5M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are NT$4.3B and NT$1.6B respectively. Emerging Display Technologies's EBIT is NT$374.5M making its interest coverage ratio -8.9. It has cash and short-term investments of NT$2.0B.
Key information
13.1%
Debt to equity ratio
NT$349.49m
Debt
Interest coverage ratio | -8.9x |
Cash | NT$1.99b |
Equity | NT$2.66b |
Total liabilities | NT$1.59b |
Total assets | NT$4.25b |
Recent financial health updates
Is Emerging Display Technologies (TPE:3038) Using Too Much Debt?
Mar 24Emerging Display Technologies (TPE:3038) Has A Rock Solid Balance Sheet
Dec 15Recent updates
There May Be Reason For Hope In Emerging Display Technologies' (TWSE:3038) Disappointing Earnings
Mar 18Is Emerging Display Technologies (TPE:3038) Using Too Much Debt?
Mar 24A Look At The Fair Value Of Emerging Display Technologies Corp. (TPE:3038)
Mar 06Is Emerging Display Technologies Corp. (TPE:3038) A Great Dividend Stock?
Feb 19Should You Use Emerging Display Technologies' (TPE:3038) Statutory Earnings To Analyse It?
Feb 06Did You Participate In Any Of Emerging Display Technologies' (TPE:3038) Fantastic 135% Return ?
Jan 24Is Emerging Display Technologies (TPE:3038) A Future Multi-bagger?
Jan 10Has Emerging Display Technologies Corp.'s (TPE:3038) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 28Emerging Display Technologies (TPE:3038) Has A Rock Solid Balance Sheet
Dec 15A Look At The Intrinsic Value Of Emerging Display Technologies Corp. (TPE:3038)
Dec 02Does Emerging Display Technologies Corp. (TPE:3038) Have A Place In Your Dividend Portfolio?
Nov 19Financial Position Analysis
Short Term Liabilities: 3038's short term assets (NT$3.4B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 3038's short term assets (NT$3.4B) exceed its long term liabilities (NT$503.2M).
Debt to Equity History and Analysis
Debt Level: 3038 has more cash than its total debt.
Reducing Debt: 3038's debt to equity ratio has reduced from 29.8% to 13.1% over the past 5 years.
Debt Coverage: 3038's debt is well covered by operating cash flow (147.5%).
Interest Coverage: 3038 earns more interest than it pays, so coverage of interest payments is not a concern.