Cica-Huntek Chemical Technology Taiwan Balance Sheet Health
Financial Health criteria checks 6/6
Cica-Huntek Chemical Technology Taiwan has a total shareholder equity of NT$1.0B and total debt of NT$658.0M, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are NT$3.0B and NT$2.0B respectively. Cica-Huntek Chemical Technology Taiwan's EBIT is NT$688.5M making its interest coverage ratio -59.1. It has cash and short-term investments of NT$699.8M.
Key information
63.9%
Debt to equity ratio
NT$658.01m
Debt
| Interest coverage ratio | -59.1x |
| Cash | NT$699.75m |
| Equity | NT$1.03b |
| Total liabilities | NT$1.96b |
| Total assets | NT$2.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6725's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 6725's short term assets (NT$2.8B) exceed its long term liabilities (NT$127.7M).
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 reduced from 122.3% to 63.9% over the past 5 years.
Debt Coverage: 6725's debt is well covered by operating cash flow (110.7%).
Interest Coverage: 6725 earns more interest than it pays, so coverage of interest payments is not a concern.