Polytronics Technology Balance Sheet Health
Financial Health criteria checks 4/6
Polytronics Technology has a total shareholder equity of NT$2.8B and total debt of NT$749.2M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are NT$4.3B and NT$1.5B respectively.
Key information
26.6%
Debt to equity ratio
NT$749.21m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.22b |
| Equity | NT$2.81b |
| Total liabilities | NT$1.51b |
| Total assets | NT$4.33b |
Recent financial health updates
Recent updates
Are Dividend Investors Getting More Than They Bargained For With Polytronics Technology Corporation's (TPE:6224) Dividend?
Mar 17
Polytronics Technology (TPE:6224) Has Gifted Shareholders With A Fantastic 152% Total Return On Their Investment
Feb 24Polytronics Technology (TPE:6224) Is Growing Earnings But Are They A Good Guide?
Feb 08Is This A Sign of Things To Come At Polytronics Technology (TPE:6224)?
Jan 25Is Polytronics Technology (TPE:6224) Using Too Much Debt?
Jan 11Polytronics Technology Corporation's (TPE:6224) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 29Calculating The Intrinsic Value Of Polytronics Technology Corporation (TPE:6224)
Dec 11Looking For Steady Income For Your Dividend Portfolio? Is Polytronics Technology Corporation (TPE:6224) A Good Fit?
Nov 24Financial Position Analysis
Short Term Liabilities: 6224's short term assets (NT$2.7B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 6224's short term assets (NT$2.7B) exceed its long term liabilities (NT$230.6M).
Debt to Equity History and Analysis
Debt Level: 6224 has more cash than its total debt.
Reducing Debt: 6224's debt to equity ratio has increased from 3.6% to 26.6% over the past 5 years.
Debt Coverage: 6224's debt is well covered by operating cash flow (50.5%).
Interest Coverage: Insufficient data to determine if 6224's interest payments on its debt are well covered by EBIT.