Para Light Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Para Light Electronics has a total shareholder equity of NT$1.2B and total debt of NT$675.9M, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are NT$2.3B and NT$1.1B respectively.
Key information
55.5%
Debt to equity ratio
NT$675.87m
Debt
Interest coverage ratio | n/a |
Cash | NT$358.30m |
Equity | NT$1.22b |
Total liabilities | NT$1.12b |
Total assets | NT$2.34b |
Recent financial health updates
Recent updates
Is Para Light Electronics Co., Ltd.'s (TPE:6226) 3.7% Dividend Sustainable?
Apr 13Would Para Light Electronics (TPE:6226) Be Better Off With Less Debt?
Feb 17Is Para Light Electronics Co., Ltd.'s (TPE:6226) 3.7% Dividend Worth Your Time?
Jan 13Para Light Electronics's (TPE:6226) Earnings Are Growing But Is There More To The Story?
Dec 09Financial Position Analysis
Short Term Liabilities: 6226's short term assets (NT$1.2B) exceed its short term liabilities (NT$639.5M).
Long Term Liabilities: 6226's short term assets (NT$1.2B) exceed its long term liabilities (NT$481.1M).
Debt to Equity History and Analysis
Debt Level: 6226's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: 6226's debt to equity ratio has reduced from 66.3% to 55.5% over the past 5 years.
Debt Coverage: 6226's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: Insufficient data to determine if 6226's interest payments on its debt are well covered by EBIT.