Tong Hsing Electronic Industries Balance Sheet Health
Financial Health criteria checks 5/6
Tong Hsing Electronic Industries has a total shareholder equity of NT$24.8B and total debt of NT$5.0B, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are NT$34.3B and NT$9.5B respectively. Tong Hsing Electronic Industries's EBIT is NT$1.7B making its interest coverage ratio -13.5. It has cash and short-term investments of NT$5.8B.
Key information
20.2%
Debt to equity ratio
NT$5.01b
Debt
| Interest coverage ratio | -13.5x |
| Cash | NT$5.78b |
| Equity | NT$24.83b |
| Total liabilities | NT$9.46b |
| Total assets | NT$34.29b |
Recent financial health updates
Tong Hsing Electronic Industries (TWSE:6271) Has A Pretty Healthy Balance Sheet
Jul 12
We Think Tong Hsing Electronic Industries (TPE:6271) Can Manage Its Debt With Ease
Apr 13Tong Hsing Electronic Industries (TPE:6271) Seems To Use Debt Quite Sensibly
Dec 23Recent updates
Earnings Beat: Tong Hsing Electronic Industries, Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 04Tong Hsing Electronic Industries (TWSE:6271) Has A Pretty Healthy Balance Sheet
Jul 12Why We're Not Concerned About Tong Hsing Electronic Industries, Ltd.'s (TWSE:6271) Share Price
May 27Are Investors Undervaluing Tong Hsing Electronic Industries, Ltd. (TWSE:6271) By 30%?
Apr 02Factors Income Investors Should Consider Before Adding Tong Hsing Electronic Industries, Ltd. (TPE:6271) To Their Portfolio
Apr 29We Think Tong Hsing Electronic Industries (TPE:6271) Can Manage Its Debt With Ease
Apr 13Should You Be Adding Tong Hsing Electronic Industries (TPE:6271) To Your Watchlist Today?
Mar 31A Look At The Intrinsic Value Of Tong Hsing Electronic Industries, Ltd. (TPE:6271)
Mar 17Tong Hsing Electronic Industries, Ltd.'s (TPE:6271) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Mar 02Shareholders Of Tong Hsing Electronic Industries (TPE:6271) Must Be Happy With Their 154% Total Return
Feb 16
Is There Now An Opportunity In Tong Hsing Electronic Industries, Ltd. (TPE:6271)?
Feb 02Consider This Before Buying Tong Hsing Electronic Industries, Ltd. (TPE:6271) For The 1.4% Dividend
Jan 19Tong Hsing Electronic Industries's (TPE:6271) Earnings Are Growing But Is There More To The Story?
Jan 06Tong Hsing Electronic Industries (TPE:6271) Seems To Use Debt Quite Sensibly
Dec 23Tong Hsing Electronic Industries, Ltd. (TPE:6271) Shares Could Be 35% Below Their Intrinsic Value Estimate
Dec 08Tong Hsing Electronic Industries, Ltd.'s (TPE:6271) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?
Nov 24Financial Position Analysis
Short Term Liabilities: 6271's short term assets (NT$10.0B) exceed its short term liabilities (NT$5.6B).
Long Term Liabilities: 6271's short term assets (NT$10.0B) exceed its long term liabilities (NT$3.9B).
Debt to Equity History and Analysis
Debt Level: 6271 has more cash than its total debt.
Reducing Debt: 6271's debt to equity ratio has increased from 2% to 20.2% over the past 5 years.
Debt Coverage: 6271's debt is well covered by operating cash flow (45.2%).
Interest Coverage: 6271 earns more interest than it pays, so coverage of interest payments is not a concern.