Promate Electronic Co.,Ltd.

TWSE:6189 Stock Report

Market Cap: NT$18.3b

Promate ElectronicLtd Balance Sheet Health

Financial Health criteria checks 6/6

Promate ElectronicLtd has a total shareholder equity of NT$6.2B and total debt of NT$3.9B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are NT$18.1B and NT$11.9B respectively. Promate ElectronicLtd's EBIT is NT$1.7B making its interest coverage ratio 9.1. It has cash and short-term investments of NT$4.0B.

Key information

63.0%

Debt to equity ratio

NT$3.93b

Debt

Interest coverage ratio9.1x
CashNT$4.00b
EquityNT$6.25b
Total liabilitiesNT$11.87b
Total assetsNT$18.12b

Recent financial health updates

Here's Why Promate ElectronicLtd (TPE:6189) Can Manage Its Debt Responsibly

Dec 15
Here's Why Promate ElectronicLtd (TPE:6189) Can Manage Its Debt Responsibly

Recent updates

Should You Be Adding Promate ElectronicLtd (TWSE:6189) To Your Watchlist Today?

Jul 22
Should You Be Adding Promate ElectronicLtd (TWSE:6189) To Your Watchlist Today?

Promate ElectronicLtd (TWSE:6189) Knows How To Allocate Capital

Jul 01
Promate ElectronicLtd (TWSE:6189) Knows How To Allocate Capital

Subdued Growth No Barrier To Promate Electronic Co.,Ltd. (TWSE:6189) With Shares Advancing 31%

Apr 14
Subdued Growth No Barrier To Promate Electronic Co.,Ltd. (TWSE:6189) With Shares Advancing 31%

Promate Electronic Co.,Ltd.'s (TWSE:6189) Price Is Right But Growth Is Lacking After Shares Rocket 36%

Feb 27
Promate Electronic Co.,Ltd.'s (TWSE:6189) Price Is Right But Growth Is Lacking After Shares Rocket 36%

Should You Be Adding Promate ElectronicLtd (TPE:6189) To Your Watchlist Today?

Apr 01
Should You Be Adding Promate ElectronicLtd (TPE:6189) To Your Watchlist Today?

Is Promate ElectronicLtd (TPE:6189) Likely To Turn Things Around?

Mar 09
Is Promate ElectronicLtd (TPE:6189) Likely To Turn Things Around?

Promate Electronic Co.,Ltd. (TPE:6189) Investors Should Think About This Before Buying It For Its Dividend

Feb 15
Promate Electronic Co.,Ltd. (TPE:6189) Investors Should Think About This Before Buying It For Its Dividend

Promate Electronic Co.,Ltd.'s (TPE:6189) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Jan 26
Promate Electronic Co.,Ltd.'s (TPE:6189) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Shareholders Of Promate ElectronicLtd (TPE:6189) Must Be Happy With Their 52% Return

Jan 05
Shareholders Of Promate ElectronicLtd (TPE:6189) Must Be Happy With Their 52% Return

Here's Why Promate ElectronicLtd (TPE:6189) Can Manage Its Debt Responsibly

Dec 15
Here's Why Promate ElectronicLtd (TPE:6189) Can Manage Its Debt Responsibly

Has Promate ElectronicLtd (TPE:6189) Got What It Takes To Become A Multi-Bagger?

Nov 27
Has Promate ElectronicLtd (TPE:6189) Got What It Takes To Become A Multi-Bagger?

Financial Position Analysis

Short Term Liabilities: 6189's short term assets (NT$16.3B) exceed its short term liabilities (NT$11.1B).

Long Term Liabilities: 6189's short term assets (NT$16.3B) exceed its long term liabilities (NT$781.1M).

Debt to Equity History and Analysis

Debt Level: 6189 has more cash than its total debt.

Reducing Debt: 6189's debt to equity ratio has reduced from 65.5% to 63% over the past 5 years.

Debt Coverage: 6189's debt is well covered by operating cash flow (29.5%).

Interest Coverage: 6189's interest payments on its debt are well covered by EBIT (9.1x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y