Polytronics Technology Corp.

TWSE:6224 Stock Report

Market Cap: NT$5.8b

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$900.1M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are NT$4.4B and NT$1.6B respectively.

Key information

32.5%

Debt to equity ratio

NT$900.08m

Debt

Interest coverage ration/a
CashNT$1.34b
EquityNT$2.77b
Total liabilitiesNT$1.61b
Total assetsNT$4.38b

Recent financial health updates

Recent updates

Does Polytronics Technology (TWSE:6224) Have A Healthy Balance Sheet?

Jul 18
Does Polytronics Technology (TWSE:6224) Have A Healthy Balance Sheet?

Polytronics Technology (TWSE:6224) Is Posting Promising Earnings But The Good News Doesn’t Stop There

May 21
Polytronics Technology (TWSE:6224) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Are Dividend Investors Getting More Than They Bargained For With Polytronics Technology Corporation's (TPE:6224) Dividend?

Mar 17
Are Dividend Investors Getting More Than They Bargained For With Polytronics Technology Corporation's (TPE:6224) Dividend?

Polytronics Technology (TPE:6224) Has Gifted Shareholders With A Fantastic 152% Total Return On Their Investment

Feb 24
Polytronics Technology (TPE:6224) Has Gifted Shareholders With A Fantastic 152% Total Return On Their Investment

Polytronics Technology (TPE:6224) Is Growing Earnings But Are They A Good Guide?

Feb 08
Polytronics Technology (TPE:6224) Is Growing Earnings But Are They A Good Guide?

Is This A Sign of Things To Come At Polytronics Technology (TPE:6224)?

Jan 25
Is This A Sign of Things To Come At Polytronics Technology (TPE:6224)?

Is Polytronics Technology (TPE:6224) Using Too Much Debt?

Jan 11
Is Polytronics Technology (TPE:6224) Using Too Much Debt?

Polytronics Technology Corporation's (TPE:6224) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Dec 29
Polytronics Technology Corporation's (TPE:6224) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Calculating The Intrinsic Value Of Polytronics Technology Corporation (TPE:6224)

Dec 11
Calculating The Intrinsic Value Of Polytronics Technology Corporation (TPE:6224)

Looking For Steady Income For Your Dividend Portfolio? Is Polytronics Technology Corporation (TPE:6224) A Good Fit?

Nov 24
Looking For Steady Income For Your Dividend Portfolio? Is Polytronics Technology Corporation (TPE:6224) A Good Fit?

Financial 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$328.0M).


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 4% to 32.5% over the past 5 years.

Debt Coverage: 6224's debt is well covered by operating cash flow (26.2%).

Interest Coverage: Insufficient data to determine if 6224's interest payments on its debt are well covered by EBIT.


Balance Sheet


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