Min Aik Technology Balance Sheet Health
Financial Health criteria checks 4/6
Min Aik Technology has a total shareholder equity of NT$2.7B and total debt of NT$539.0M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are NT$4.5B and NT$1.8B respectively.
Key information
20.0%
Debt to equity ratio
NT$539.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$754.17m |
| Equity | NT$2.70b |
| Total liabilities | NT$1.82b |
| Total assets | NT$4.52b |
Recent financial health updates
Is Min Aik Technology (TWSE:3060) Using Too Much Debt?
Jul 04
Is Min Aik Technology (TPE:3060) Using Debt Sensibly?
Mar 08Is Min Aik Technology (TPE:3060) Weighed On By Its Debt Load?
Nov 23
Recent updates
Little Excitement Around Min Aik Technology Co., Ltd.'s (TWSE:3060) Revenues As Shares Take 27% Pounding
Aug 06Is Min Aik Technology (TWSE:3060) Using Too Much Debt?
Jul 04Min Aik Technology Co., Ltd.'s (TWSE:3060) 28% Price Boost Is Out Of Tune With Revenues
May 27What 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$2.8B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 3060's short term assets (NT$2.8B) exceed its long term liabilities (NT$471.3M).
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 20.6% to 20% over the past 5 years.
Debt Coverage: 3060's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: Insufficient data to determine if 3060's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 05:39 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Min Aik Technology Co., Ltd. is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Deutsche Bank |
| Darstin Chen | E.Sun Securities Investment Consulting Co. Ltd. |
| Shiwei Yuan | IBTS Investment Consulting Co., Ltd. |