Alltek Technology Balance Sheet Health
Financial Health criteria checks 4/6
Alltek Technology has a total shareholder equity of NT$5.2B and total debt of NT$8.6B, which brings its debt-to-equity ratio to 166.4%. Its total assets and total liabilities are NT$20.0B and NT$14.8B respectively. Alltek Technology's EBIT is NT$1.3B making its interest coverage ratio 3.5. It has cash and short-term investments of NT$640.2M.
Key information
166.4%
Debt to equity ratio
NT$8.64b
Debt
| Interest coverage ratio | 3.5x |
| Cash | NT$640.17m |
| Equity | NT$5.20b |
| Total liabilities | NT$14.84b |
| Total assets | NT$20.04b |
Recent financial health updates
Is Alltek Technology (TPE:3209) A Risky Investment?
Apr 12
Is Alltek Technology (TPE:3209) A Risky Investment?
Jan 10
Recent updates
Alltek Technology Corporation's (TWSE:3209) Share Price Is Matching Sentiment Around Its Earnings
Oct 08Alltek Technology (TWSE:3209) Has Announced That Its Dividend Will Be Reduced To NT$2.1
Jul 26Alltek Technology (TWSE:3209) Is Reducing Its Dividend To NT$2.10
Jul 12Alltek Technology's (TWSE:3209) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 26Does Alltek Technology Corporation (TPE:3209) Have A Place In Your Dividend Portfolio?
Apr 30Is Alltek Technology (TPE:3209) A Risky Investment?
Apr 12Alltek Technology (TPE:3209) Has Compensated Shareholders With A Respectable 48% Return On Their Investment
Feb 28The Trends At Alltek Technology (TPE:3209) That You Should Know About
Feb 09Key Things To Consider Before Buying Alltek Technology Corporation (TPE:3209) For Its Dividend
Jan 25Is Alltek Technology (TPE:3209) A Risky Investment?
Jan 10Boasting A 13% Return On Equity, Is Alltek Technology Corporation (TPE:3209) A Top Quality Stock?
Dec 25Alltek Technology's (TPE:3209) Earnings Are Growing But Is There More To The Story?
Dec 10Shareholders Of Alltek Technology (TPE:3209) Must Be Happy With Their 52% Return
Nov 25Financial Position Analysis
Short Term Liabilities: 3209's short term assets (NT$18.1B) exceed its short term liabilities (NT$12.5B).
Long Term Liabilities: 3209's short term assets (NT$18.1B) exceed its long term liabilities (NT$2.3B).
Debt to Equity History and Analysis
Debt Level: 3209's net debt to equity ratio (154%) is considered high.
Reducing Debt: 3209's debt to equity ratio has reduced from 215.2% to 166.4% over the past 5 years.
Debt Coverage: 3209's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 3209's interest payments on its debt are well covered by EBIT (3.5x coverage).