Chang Jia M&E Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Chang Jia M&E Engineering has a total shareholder equity of NT$939.1M and total debt of NT$80.0M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are NT$2.0B and NT$1.1B respectively. Chang Jia M&E Engineering's EBIT is NT$140.6M making its interest coverage ratio -131.1. It has cash and short-term investments of NT$393.5M.
Key information
8.5%
Debt to equity ratio
NT$80.00m
Debt
| Interest coverage ratio | -131.1x |
| Cash | NT$393.48m |
| Equity | NT$939.07m |
| Total liabilities | NT$1.09b |
| Total assets | NT$2.03b |
Recent financial health updates
No updates
Recent updates
Key Things To Consider Before Buying Chang Jia M&E Engineering Corp. (GTSM:4550) For Its Dividend
Apr 05
We're Watching These Trends At Chang Jia M&E Engineering (GTSM:4550)
Mar 15Here's Why We Think Chang Jia M&E Engineering's (GTSM:4550) Statutory Earnings Might Be Conservative
Feb 15Chang Jia M&E Engineering Corp. (GTSM:4550) Is Up But Financials Look Inconsistent: Which Way Is The Stock Headed?
Jan 19Is Chang Jia M&E Engineering Corp. (GTSM:4550) A Risky Dividend Stock?
Dec 29Our Take On The Returns On Capital At Chang Jia M&E Engineering (GTSM:4550)
Dec 08
Here's Why Chang Jia M&E Engineering's (GTSM:4550) Statutory Earnings Are Arguably Too Conservative
Nov 17Financial Position Analysis
Short Term Liabilities: 4550's short term assets (NT$1.2B) exceed its short term liabilities (NT$907.7M).
Long Term Liabilities: 4550's short term assets (NT$1.2B) exceed its long term liabilities (NT$183.8M).
Debt to Equity History and Analysis
Debt Level: 4550 has more cash than its total debt.
Reducing Debt: 4550's debt to equity ratio has reduced from 12.2% to 8.5% over the past 5 years.
Debt Coverage: 4550's debt is well covered by operating cash flow (343.2%).
Interest Coverage: 4550 earns more interest than it pays, so coverage of interest payments is not a concern.