China Motor Balance Sheet Health
Financial Health criteria checks 5/6
China Motor has a total shareholder equity of NT$39.5B and total debt of NT$631.6M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are NT$50.4B and NT$10.9B respectively. China Motor's EBIT is NT$2.6B making its interest coverage ratio -21. It has cash and short-term investments of NT$5.2B.
Key information
1.6%
Debt to equity ratio
NT$631.56m
Debt
| Interest coverage ratio | -21x |
| Cash | NT$5.19b |
| Equity | NT$39.50b |
| Total liabilities | NT$10.87b |
| Total assets | NT$50.36b |
Recent financial health updates
Recent updates
Should You Investigate China Motor Corporation (TWSE:2204) At NT$138?
Apr 18
China Motor (TWSE:2204) Is Experiencing Growth In Returns On Capital
Mar 01What To Know Before Buying China Motor Corporation (TPE:2204) For Its Dividend
Apr 21China Motor (TPE:2204) Hasn't Managed To Accelerate Its Returns
Mar 31Does China Motor (TPE:2204) Have A Healthy Balance Sheet?
Mar 06What Is China Motor Corporation's (TPE:2204) Share Price Doing?
Feb 16China Motor (TPE:2204) Has Gifted Shareholders With A Fantastic 182% Total Return On Their Investment
Jan 26The Trends At China Motor (TPE:2204) That You Should Know About
Dec 31Is China Motor Corporation (TPE:2204) Worth NT$48.2 Based On Its Intrinsic Value?
Dec 10
Financial Position Analysis
Short Term Liabilities: 2204's short term assets (NT$14.4B) exceed its short term liabilities (NT$9.5B).
Long Term Liabilities: 2204's short term assets (NT$14.4B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 2204 has more cash than its total debt.
Reducing Debt: 2204's debt to equity ratio has increased from 1.3% to 1.6% over the past 5 years.
Debt Coverage: 2204's debt is well covered by operating cash flow (674.7%).
Interest Coverage: 2204 earns more interest than it pays, so coverage of interest payments is not a concern.