Man Zai Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Man Zai Industrial has a total shareholder equity of NT$1.7B and total debt of NT$559.0M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are NT$2.5B and NT$773.5M respectively. Man Zai Industrial's EBIT is NT$137.7M making its interest coverage ratio -6.5. It has cash and short-term investments of NT$731.2M.
Key information
32.7%
Debt to equity ratio
NT$559.00m
Debt
| Interest coverage ratio | -6.5x |
| Cash | NT$731.19m |
| Equity | NT$1.71b |
| Total liabilities | NT$773.50m |
| Total assets | NT$2.48b |
Recent financial health updates
Recent updates
How Does Man Zai Industrial Co., Ltd. (GTSM:4543) Fare As A Dividend Stock?
Mar 16
Man Zai Industrial (GTSM:4543) Has A Somewhat Strained Balance Sheet
Feb 09Be Wary Of Man Zai Industrial (GTSM:4543) And Its Returns On Capital
Jan 05Know This Before Buying Man Zai Industrial Co., Ltd. (GTSM:4543) For Its Dividend
Dec 01
Financial Position Analysis
Short Term Liabilities: 4543's short term assets (NT$1.2B) exceed its short term liabilities (NT$561.5M).
Long Term Liabilities: 4543's short term assets (NT$1.2B) exceed its long term liabilities (NT$212.0M).
Debt to Equity History and Analysis
Debt Level: 4543 has more cash than its total debt.
Reducing Debt: 4543's debt to equity ratio has increased from 24.5% to 32.7% over the past 5 years.
Debt Coverage: 4543's debt is well covered by operating cash flow (24.5%).
Interest Coverage: 4543 earns more interest than it pays, so coverage of interest payments is not a concern.