Unitech Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Unitech Electronics has a total shareholder equity of NT$1.9B and total debt of NT$20.0M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are NT$2.4B and NT$573.5M respectively. Unitech Electronics's EBIT is NT$62.2M making its interest coverage ratio -2.3. It has cash and short-term investments of NT$796.1M.
Key information
1.1%
Debt to equity ratio
NT$20.00m
Debt
| Interest coverage ratio | -2.3x |
| Cash | NT$796.10m |
| Equity | NT$1.85b |
| Total liabilities | NT$573.45m |
| Total assets | NT$2.43b |
Recent financial health updates
Does Unitech Electronics (GTSM:3652) Have A Healthy Balance Sheet?
Mar 16
Unitech Electronics (GTSM:3652) Seems To Use Debt Rather Sparingly
Dec 15
Recent updates
Unitech Electronics Co., Ltd.'s (TWSE:3652) Price Is Out Of Tune With Earnings
Oct 18There's Been No Shortage Of Growth Recently For Unitech Electronics' (TWSE:3652) Returns On Capital
Sep 10Earnings Not Telling The Story For Unitech Electronics Co., Ltd. (TWSE:3652) After Shares Rise 35%
Jun 21Does Unitech Electronics (GTSM:3652) Have A Healthy Balance Sheet?
Mar 16How Well Is Unitech Electronics (GTSM:3652) Allocating Its Capital?
Feb 17Weak Financial Prospects Seem To Be Dragging Down Unitech Electronics Co., Ltd. (GTSM:3652) Stock
Jan 19Unitech Electronics (GTSM:3652) Seems To Use Debt Rather Sparingly
Dec 15Is Unitech Electronics (GTSM:3652) Shrinking?
Nov 19Financial Position Analysis
Short Term Liabilities: 3652's short term assets (NT$1.9B) exceed its short term liabilities (NT$473.8M).
Long Term Liabilities: 3652's short term assets (NT$1.9B) exceed its long term liabilities (NT$99.7M).
Debt to Equity History and Analysis
Debt Level: 3652 has more cash than its total debt.
Reducing Debt: 3652's debt to equity ratio has reduced from 6.4% to 1.1% over the past 5 years.
Debt Coverage: 3652's debt is well covered by operating cash flow (371.3%).
Interest Coverage: 3652 earns more interest than it pays, so coverage of interest payments is not a concern.