MiTAC Holdings Balance Sheet Health
Financial Health criteria checks 5/6
MiTAC Holdings has a total shareholder equity of NT$61.4B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are NT$88.8B and NT$27.3B respectively. MiTAC Holdings's EBIT is NT$67.7M making its interest coverage ratio -0.1. It has cash and short-term investments of NT$10.2B.
Key information
2.8%
Debt to equity ratio
NT$1.70b
Debt
| Interest coverage ratio | -0.09x |
| Cash | NT$10.24b |
| Equity | NT$61.43b |
| Total liabilities | NT$27.32b |
| Total assets | NT$88.75b |
Recent financial health updates
Is MiTAC Holdings (TPE:3706) A Risky Investment?
Apr 12
MiTAC Holdings (TPE:3706) Has A Pretty Healthy Balance Sheet
Jan 05Recent updates
A Piece Of The Puzzle Missing From MiTAC Holdings Corporation's (TWSE:3706) 32% Share Price Climb
Mar 21MiTAC Holdings (TWSE:3706) Will Pay A Dividend Of NT$1.30
Feb 27Is MiTAC Holdings (TPE:3706) A Risky Investment?
Apr 12Is It Smart To Buy MiTAC Holdings Corporation (TPE:3706) Before It Goes Ex-Dividend?
Mar 20MiTAC Holdings Corporation's (TPE:3706) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Mar 04Should We Be Excited About The Trends Of Returns At MiTAC Holdings (TPE:3706)?
Feb 15
Did You Participate In Any Of MiTAC Holdings' (TPE:3706) Fantastic 155% Return ?
Jan 24MiTAC Holdings (TPE:3706) Has A Pretty Healthy Balance Sheet
Jan 05Is MiTAC Holdings Corporation (TPE:3706) A Smart Choice For Dividend Investors?
Dec 18MiTAC Holdings Corporation (TPE:3706) On An Uptrend: Could Fundamentals Be Driving The Stock?
Dec 03Results: MiTAC Holdings Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 18Financial Position Analysis
Short Term Liabilities: 3706's short term assets (NT$31.5B) exceed its short term liabilities (NT$18.3B).
Long Term Liabilities: 3706's short term assets (NT$31.5B) exceed its long term liabilities (NT$9.0B).
Debt to Equity History and Analysis
Debt Level: 3706 has more cash than its total debt.
Reducing Debt: 3706's debt to equity ratio has increased from 0% to 2.8% over the past 5 years.
Debt Coverage: 3706's debt is well covered by operating cash flow (277.5%).
Interest Coverage: 3706 earns more interest than it pays, so coverage of interest payments is not a concern.