Hota Industrial Mfg Balance Sheet Health
Financial Health criteria checks 2/6
Hota Industrial Mfg has a total shareholder equity of NT$9.0B and total debt of NT$11.6B, which brings its debt-to-equity ratio to 129.5%. Its total assets and total liabilities are NT$22.8B and NT$13.8B respectively. Hota Industrial Mfg's EBIT is NT$295.2M making its interest coverage ratio 1.7. It has cash and short-term investments of NT$1.1B.
Key information
129.5%
Debt to equity ratio
NT$11.63b
Debt
| Interest coverage ratio | 1.7x |
| Cash | NT$1.08b |
| Equity | NT$8.98b |
| Total liabilities | NT$13.82b |
| Total assets | NT$22.80b |
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
Earnings Not Telling The Story For Hota Industrial Mfg. Co., Ltd. (TWSE:1536) After Shares Rise 30%
Jul 12Hota Industrial Mfg (TWSE:1536) Is Reducing Its Dividend To NT$1.00
Jun 30Hota Industrial Mfg (TWSE:1536) Has Announced That Its Dividend Will Be Reduced To NT$1.00
Jun 16Here'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$7.7B) exceed its short term liabilities (NT$6.7B).
Long Term Liabilities: 1536's short term assets (NT$7.7B) exceed its long term liabilities (NT$7.1B).
Debt to Equity History and Analysis
Debt Level: 1536's net debt to equity ratio (117.5%) is considered high.
Reducing Debt: 1536's debt to equity ratio has increased from 92.4% to 129.5% over the past 5 years.
Debt Coverage: 1536's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 1536's interest payments on its debt are not well covered by EBIT (1.7x coverage).