Xu Yuan Packaging Technology Balance Sheet Health
Financial Health criteria checks 2/6
Xu Yuan Packaging Technology has a total shareholder equity of NT$840.8M and total debt of NT$783.1M, which brings its debt-to-equity ratio to 93.1%. Its total assets and total liabilities are NT$2.0B and NT$1.2B respectively. Xu Yuan Packaging Technology's EBIT is NT$45.9M making its interest coverage ratio 2.2. It has cash and short-term investments of NT$213.2M.
Key information
93.1%
Debt to equity ratio
NT$783.06m
Debt
| Interest coverage ratio | 2.2x |
| Cash | NT$213.15m |
| Equity | NT$840.82m |
| Total liabilities | NT$1.18b |
| Total assets | NT$2.02b |
Financial Position Analysis
Short Term Liabilities: 8421's short term assets (NT$985.2M) do not cover its short term liabilities (NT$1.1B).
Long Term Liabilities: 8421's short term assets (NT$985.2M) exceed its long term liabilities (NT$33.0M).
Debt to Equity History and Analysis
Debt Level: 8421's net debt to equity ratio (67.8%) is considered high.
Reducing Debt: 8421's debt to equity ratio has reduced from 179.4% to 93.1% over the past 5 years.
Debt Coverage: 8421's debt is not well covered by operating cash flow (17%).
Interest Coverage: 8421's interest payments on its debt are not well covered by EBIT (2.2x coverage).