Min Aik Technology Balance Sheet Health
Financial Health criteria checks 5/6
Min Aik Technology has a total shareholder equity of NT$2.6B and total debt of NT$572.1M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are NT$4.3B and NT$1.7B respectively.
Key information
22.2%
Debt to equity ratio
NT$572.08m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$634.54m |
| Equity | NT$2.57b |
| Total liabilities | NT$1.72b |
| Total assets | NT$4.30b |
Recent financial health updates
Is Min Aik Technology (TPE:3060) Using Debt Sensibly?
Mar 08
Is Min Aik Technology (TPE:3060) Weighed On By Its Debt Load?
Nov 23
Recent updates
What Min Aik Technology Co., Ltd.'s (TWSE:3060) 31% Share Price Gain Is Not Telling You
Apr 12Is Min Aik Technology (TPE:3060) Using Debt Sensibly?
Mar 08If You Had Bought Min Aik Technology's (TPE:3060) Shares Five Years Ago You Would Be Down 75%
Jan 15Is Min Aik Technology (TPE:3060) Weighed On By Its Debt Load?
Nov 23Financial Position Analysis
Short Term Liabilities: 3060's short term assets (NT$2.4B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 3060's short term assets (NT$2.4B) exceed its long term liabilities (NT$429.0M).
Debt to Equity History and Analysis
Debt Level: 3060 has more cash than its total debt.
Reducing Debt: 3060's debt to equity ratio has reduced from 22.4% to 22.2% over the past 5 years.
Debt Coverage: 3060's debt is well covered by operating cash flow (69.4%).
Interest Coverage: Insufficient data to determine if 3060's interest payments on its debt are well covered by EBIT.