Xu Yuan Packaging Technology Balance Sheet Health
Financial Health criteria checks 2/6
Xu Yuan Packaging Technology has a total shareholder equity of NT$936.5M and total debt of NT$776.1M, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are NT$2.0B and NT$1.1B respectively. Xu Yuan Packaging Technology's EBIT is NT$23.9M making its interest coverage ratio 1.3. It has cash and short-term investments of NT$116.5M.
Key information
82.9%
Debt to equity ratio
NT$776.13m
Debt
Interest coverage ratio | 1.3x |
Cash | NT$116.54m |
Equity | NT$936.47m |
Total liabilities | NT$1.07b |
Total assets | NT$2.01b |
Financial Position Analysis
Short Term Liabilities: 8421's short term assets (NT$1.0B) do not cover its short term liabilities (NT$1.0B).
Long Term Liabilities: 8421's short term assets (NT$1.0B) exceed its long term liabilities (NT$59.5M).
Debt to Equity History and Analysis
Debt Level: 8421's net debt to equity ratio (70.4%) is considered high.
Reducing Debt: 8421's debt to equity ratio has reduced from 175.1% to 82.9% over the past 5 years.
Debt Coverage: 8421's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: 8421's interest payments on its debt are not well covered by EBIT (1.3x coverage).