Promate ElectronicLtd Balance Sheet Health
Financial Health criteria checks 5/6
Promate ElectronicLtd has a total shareholder equity of NT$5.8B and total debt of NT$3.7B, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are NT$17.1B and NT$11.3B respectively. Promate ElectronicLtd's EBIT is NT$1.3B making its interest coverage ratio 10.1. It has cash and short-term investments of NT$2.6B.
Key information
64.0%
Debt to equity ratio
NT$3.71b
Debt
| Interest coverage ratio | 10.1x |
| Cash | NT$2.58b |
| Equity | NT$5.80b |
| Total liabilities | NT$11.31b |
| Total assets | NT$17.11b |
Recent financial health updates
Recent updates
Subdued Growth No Barrier To Promate Electronic Co.,Ltd. (TWSE:6189) With Shares Advancing 31%
Apr 14
Promate Electronic Co.,Ltd.'s (TWSE:6189) Price Is Right But Growth Is Lacking After Shares Rocket 36%
Feb 27Should You Be Adding Promate ElectronicLtd (TPE:6189) To Your Watchlist Today?
Apr 01Is Promate ElectronicLtd (TPE:6189) Likely To Turn Things Around?
Mar 09Promate Electronic Co.,Ltd. (TPE:6189) Investors Should Think About This Before Buying It For Its Dividend
Feb 15
Promate Electronic Co.,Ltd.'s (TPE:6189) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Jan 26Shareholders Of Promate ElectronicLtd (TPE:6189) Must Be Happy With Their 52% Return
Jan 05Here's Why Promate ElectronicLtd (TPE:6189) Can Manage Its Debt Responsibly
Dec 15Has Promate ElectronicLtd (TPE:6189) Got What It Takes To Become A Multi-Bagger?
Nov 27Financial Position Analysis
Short Term Liabilities: 6189's short term assets (NT$15.2B) exceed its short term liabilities (NT$10.1B).
Long Term Liabilities: 6189's short term assets (NT$15.2B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 6189's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: 6189's debt to equity ratio has increased from 52% to 64% over the past 5 years.
Debt Coverage: 6189's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 6189's interest payments on its debt are well covered by EBIT (10.1x coverage).