Hota Industrial Mfg Balance Sheet Health
Financial Health criteria checks 1/6
Hota Industrial Mfg has a total shareholder equity of NT$8.8B and total debt of NT$11.4B, which brings its debt-to-equity ratio to 128.6%. Its total assets and total liabilities are NT$22.3B and NT$13.5B respectively. Hota Industrial Mfg's EBIT is NT$415.6M making its interest coverage ratio 2.4. It has cash and short-term investments of NT$889.6M.
Key information
128.6%
Debt to equity ratio
NT$11.37b
Debt
| Interest coverage ratio | 2.4x |
| Cash | NT$889.55m |
| Equity | NT$8.84b |
| Total liabilities | NT$13.49b |
| Total assets | NT$22.33b |
Recent financial health updates
Here's Why Hota Industrial Mfg (TPE:1536) Is Weighed Down By Its Debt Load
Apr 29
We Think Hota Industrial Mfg (TPE:1536) Is Taking Some Risk With Its Debt
Jan 11Recent updates
Here's Why Hota Industrial Mfg (TPE:1536) Is Weighed Down By Its Debt Load
Apr 29Is Hota Industrial Mfg. Co., Ltd. (TPE:1536) An Attractive Dividend Stock?
Mar 13Hota Industrial Mfg's (TPE:1536) Shareholders Are Down 10% On Their Shares
Feb 20The Returns At Hota Industrial Mfg (TPE:1536) Provide Us With Signs Of What's To Come
Feb 01We Think Hota Industrial Mfg (TPE:1536) Is Taking Some Risk With Its Debt
Jan 11Hota Industrial Mfg. Co., Ltd. (TPE:1536) Delivered A Weaker ROE Than Its Industry
Dec 21Calculating The Intrinsic Value Of Hota Industrial Mfg. Co., Ltd. (TPE:1536)
Nov 30
Financial Position Analysis
Short Term Liabilities: 1536's short term assets (NT$7.2B) exceed its short term liabilities (NT$6.3B).
Long Term Liabilities: 1536's short term assets (NT$7.2B) do not cover its long term liabilities (NT$7.2B).
Debt to Equity History and Analysis
Debt Level: 1536's net debt to equity ratio (118.5%) is considered high.
Reducing Debt: 1536's debt to equity ratio has increased from 94.6% to 128.6% over the past 5 years.
Debt Coverage: 1536's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 1536's interest payments on its debt are not well covered by EBIT (2.4x coverage).