Cica-Huntek Chemical Technology Taiwan Balance Sheet Health
Financial Health criteria checks 5/6
Cica-Huntek Chemical Technology Taiwan has a total shareholder equity of NT$1.0B and total debt of NT$673.5M, which brings its debt-to-equity ratio to 65.8%. Its total assets and total liabilities are NT$3.1B and NT$2.1B respectively. Cica-Huntek Chemical Technology Taiwan's EBIT is NT$625.3M making its interest coverage ratio -66.2. It has cash and short-term investments of NT$1.4B.
Key information
65.8%
Debt to equity ratio
NT$673.45m
Debt
Interest coverage ratio | -66.2x |
Cash | NT$1.38b |
Equity | NT$1.02b |
Total liabilities | NT$2.08b |
Total assets | NT$3.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6725's short term assets (NT$2.9B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 6725's short term assets (NT$2.9B) exceed its long term liabilities (NT$125.1M).
Debt to Equity History and Analysis
Debt Level: 6725 has more cash than its total debt.
Reducing Debt: 6725's debt to equity ratio has increased from 49.7% to 65.8% over the past 5 years.
Debt Coverage: 6725's debt is well covered by operating cash flow (85%).
Interest Coverage: 6725 earns more interest than it pays, so coverage of interest payments is not a concern.