Hiwin Mikrosystem Balance Sheet Health
Financial Health criteria checks 6/6
Hiwin Mikrosystem has a total shareholder equity of NT$4.0B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are NT$6.3B and NT$2.3B respectively. Hiwin Mikrosystem's EBIT is NT$7.9M making its interest coverage ratio -0.5. It has cash and short-term investments of NT$759.3M.
Key information
33.3%
Debt to equity ratio
NT$1.34b
Debt
| Interest coverage ratio | -0.5x |
| Cash | NT$759.34m |
| Equity | NT$4.04b |
| Total liabilities | NT$2.30b |
| Total assets | NT$6.34b |
Recent financial health updates
We Think Hiwin Mikrosystem (TWSE:4576) Has A Fair Chunk Of Debt
Aug 09
These 4 Measures Indicate That Hiwin Mikrosystem (TPE:4576) Is Using Debt Reasonably Well
Mar 21Is Hiwin Mikrosystem (TPE:4576) A Risky Investment?
Nov 30
Recent updates
Optimistic Investors Push Hiwin Mikrosystem Corporation (TWSE:4576) Shares Up 25% But Growth Is Lacking
Aug 19We Think Hiwin Mikrosystem (TWSE:4576) Has A Fair Chunk Of Debt
Aug 09There Are Reasons To Feel Uneasy About Hiwin Mikrosystem's (TWSE:4576) Returns On Capital
Apr 15There's Reason For Concern Over Hiwin Mikrosystem Corporation's (TWSE:4576) Massive 28% Price Jump
Mar 27These 4 Measures Indicate That Hiwin Mikrosystem (TPE:4576) Is Using Debt Reasonably Well
Mar 21Hiwin Mikrosystem Corp.'s (TPE:4576) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Feb 22Does Hiwin Mikrosystem (TPE:4576) Have The Makings Of A Multi-Bagger?
Jan 25Does Hiwin Mikrosystem's (TPE:4576) Share Price Gain of 11% Match Its Business Performance?
Dec 28Is Hiwin Mikrosystem (TPE:4576) A Risky Investment?
Nov 30Financial Position Analysis
Short Term Liabilities: 4576's short term assets (NT$2.2B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 4576's short term assets (NT$2.2B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 4576's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 4576's debt to equity ratio has reduced from 56.1% to 33.3% over the past 5 years.
Debt Coverage: 4576's debt is well covered by operating cash flow (25.9%).
Interest Coverage: 4576 earns more interest than it pays, so coverage of interest payments is not a concern.