Advanced Echem Materials Balance Sheet Health
Financial Health criteria checks 5/6
Advanced Echem Materials has a total shareholder equity of NT$2.6B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are NT$4.8B and NT$2.1B respectively. Advanced Echem Materials's EBIT is NT$346.3M making its interest coverage ratio 61.7. It has cash and short-term investments of NT$497.2M.
Key information
44.8%
Debt to equity ratio
NT$1.17b
Debt
| Interest coverage ratio | 61.7x |
| Cash | NT$497.19m |
| Equity | NT$2.61b |
| Total liabilities | NT$2.14b |
| Total assets | NT$4.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4749's short term assets (NT$1.9B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 4749's short term assets (NT$1.9B) exceed its long term liabilities (NT$938.0M).
Debt to Equity History and Analysis
Debt Level: 4749's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: 4749's debt to equity ratio has increased from 19.1% to 44.8% over the past 5 years.
Debt Coverage: 4749's debt is well covered by operating cash flow (45.3%).
Interest Coverage: 4749's interest payments on its debt are well covered by EBIT (61.7x coverage).