Nidec Chaun-Choung Technology Corporation

TWSE:6230 Stock Report

Market Cap: NT$28.8b

Nidec Chaun-Choung Technology Balance Sheet Health

Financial Health criteria checks 5/6

Nidec Chaun-Choung Technology has a total shareholder equity of NT$5.7B and total debt of NT$614.1M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are NT$10.3B and NT$4.6B respectively. Nidec Chaun-Choung Technology's EBIT is NT$701.6M making its interest coverage ratio 144.4. It has cash and short-term investments of NT$2.9B.

Key information

10.7%

Debt to equity ratio

NT$614.10m

Debt

Interest coverage ratio144.4x
CashNT$2.89b
EquityNT$5.74b
Total liabilitiesNT$4.57b
Total assetsNT$10.31b

Recent financial health updates

Recent updates

What Nidec Chaun-Choung Technology Corporation's (TWSE:6230) 59% Share Price Gain Is Not Telling You

Apr 29
What Nidec Chaun-Choung Technology Corporation's (TWSE:6230) 59% Share Price Gain Is Not Telling You

Some May Be Optimistic About Nidec Chaun-Choung Technology's (TWSE:6230) Earnings

Mar 21
Some May Be Optimistic About Nidec Chaun-Choung Technology's (TWSE:6230) Earnings

Nidec Chaun-Choung Technology Corporation (TWSE:6230) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Mar 14
Nidec Chaun-Choung Technology Corporation (TWSE:6230) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Some Investors May Be Worried About Nidec Chaun-Choung Technology's (TWSE:6230) Returns On Capital

Mar 12
Some Investors May Be Worried About Nidec Chaun-Choung Technology's (TWSE:6230) Returns On Capital

Nidec Chaun-Choung Technology's (TPE:6230) Solid Profits Have Weak Fundamentals

Apr 11
Nidec Chaun-Choung Technology's (TPE:6230) Solid Profits Have Weak Fundamentals

Nidec Chaun-Choung Technology (TPE:6230) Looks To Prolong Its Impressive Returns

Apr 05
Nidec Chaun-Choung Technology (TPE:6230) Looks To Prolong Its Impressive Returns

Do Fundamentals Have Any Role To Play In Driving Nidec Chaun-Choung Technology Corporation's (TPE:6230) Stock Up Recently?

Mar 17
Do Fundamentals Have Any Role To Play In Driving Nidec Chaun-Choung Technology Corporation's (TPE:6230) Stock Up Recently?

Is Nidec Chaun-Choung Technology (TPE:6230) Using Too Much Debt?

Feb 26
Is Nidec Chaun-Choung Technology (TPE:6230) Using Too Much Debt?

Here's What You Should Know About Nidec Chaun-Choung Technology Corporation's (TPE:6230) 2.3% Dividend Yield

Feb 08
Here's What You Should Know About Nidec Chaun-Choung Technology Corporation's (TPE:6230) 2.3% Dividend Yield

Shareholders Of Nidec Chaun-Choung Technology (TPE:6230) Must Be Happy With Their 146% Total Return

Jan 18
Shareholders Of Nidec Chaun-Choung Technology (TPE:6230) Must Be Happy With Their 146% Total Return

Trends At Chaun-Choung Technology (TPE:6230) Point To A Promising Future

Jan 01
Trends At Chaun-Choung Technology (TPE:6230) Point To A Promising Future

What You Need To Know About Chaun-Choung Technology Corp.'s (TPE:6230) Investor Composition

Dec 17
What You Need To Know About Chaun-Choung Technology Corp.'s (TPE:6230) Investor Composition

Chaun-Choung Technology Corp. (TPE:6230) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Dec 02
Chaun-Choung Technology Corp. (TPE:6230) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Here's Why Chaun-Choung Technology (TPE:6230) Can Manage Its Debt Responsibly

Nov 17
Here's Why Chaun-Choung Technology (TPE:6230) Can Manage Its Debt Responsibly

Financial Position Analysis

Short Term Liabilities: 6230's short term assets (NT$7.3B) exceed its short term liabilities (NT$3.2B).

Long Term Liabilities: 6230's short term assets (NT$7.3B) exceed its long term liabilities (NT$1.3B).


Debt to Equity History and Analysis

Debt Level: 6230 has more cash than its total debt.

Reducing Debt: 6230's debt to equity ratio has increased from 2.6% to 10.7% over the past 5 years.

Debt Coverage: 6230's debt is well covered by operating cash flow (231.8%).

Interest Coverage: 6230's interest payments on its debt are well covered by EBIT (144.4x coverage).


Balance Sheet


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