Chumpower Machinery Balance Sheet Health
Financial Health criteria checks 5/6
Chumpower Machinery has a total shareholder equity of NT$1.2B and total debt of NT$707.0M, which brings its debt-to-equity ratio to 60.4%. Its total assets and total liabilities are NT$2.6B and NT$1.5B respectively. Chumpower Machinery's EBIT is NT$26.7M making its interest coverage ratio 2. It has cash and short-term investments of NT$508.8M.
Key information
60.4%
Debt to equity ratio
NT$707.02m
Debt
Interest coverage ratio | 2x |
Cash | NT$508.75m |
Equity | NT$1.17b |
Total liabilities | NT$1.47b |
Total assets | NT$2.64b |
Recent financial health updates
Recent updates
Is Chumpower Machinery (GTSM:4575) Using Debt In A Risky Way?
Apr 27Has Chumpower Machinery (GTSM:4575) Got What It Takes To Become A Multi-Bagger?
Mar 21Chumpower Machinery Corporation's (GTSM:4575) Dismal Stock Performance Reflects Weak Fundamentals
Jan 27We Wouldn't Rely On Chumpower Machinery's (GTSM:4575) Statutory Earnings As A Guide
Dec 28The Returns At Chumpower Machinery (GTSM:4575) Provide Us With Signs Of What's To Come
Dec 07Financial Position Analysis
Short Term Liabilities: 4575's short term assets (NT$1.1B) exceed its short term liabilities (NT$1.0B).
Long Term Liabilities: 4575's short term assets (NT$1.1B) exceed its long term liabilities (NT$437.9M).
Debt to Equity History and Analysis
Debt Level: 4575's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: 4575's debt to equity ratio has reduced from 78.3% to 60.4% over the past 5 years.
Debt Coverage: 4575's debt is well covered by operating cash flow (40.5%).
Interest Coverage: 4575's interest payments on its debt are not well covered by EBIT (2x coverage).