Nidec Chaun-Choung Technology Corporation

TWSE:6230 Stock Report

Market Cap: NT$28.7b

Nidec Chaun-Choung Technology Balance Sheet Health

Financial Health criteria checks 5/6

Nidec Chaun-Choung Technology has a total shareholder equity of NT$5.9B and total debt of NT$512.0M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are NT$9.8B and NT$3.9B respectively. Nidec Chaun-Choung Technology's EBIT is NT$516.5M making its interest coverage ratio 678.7. It has cash and short-term investments of NT$3.0B.

Key information

8.7%

Debt to equity ratio

NT$512.00m

Debt

Interest coverage ratio678.7x
CashNT$2.99b
EquityNT$5.91b
Total liabilitiesNT$3.88b
Total assetsNT$9.79b

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$6.9B) exceed its short term liabilities (NT$2.7B).

Long Term Liabilities: 6230's short term assets (NT$6.9B) exceed its long term liabilities (NT$1.2B).


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 2.5% to 8.7% over the past 5 years.

Debt Coverage: 6230's debt is well covered by operating cash flow (163%).

Interest Coverage: 6230's interest payments on its debt are well covered by EBIT (678.7x coverage).


Balance Sheet


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