Chung-Hsin Electric and Machinery Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Chung-Hsin Electric and Machinery Manufacturing has a total shareholder equity of NT$16.0B and total debt of NT$10.6B, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are NT$44.2B and NT$28.2B respectively. Chung-Hsin Electric and Machinery Manufacturing's EBIT is NT$4.4B making its interest coverage ratio 22.8. It has cash and short-term investments of NT$3.8B.
Key information
66.1%
Debt to equity ratio
NT$10.55b
Debt
| Interest coverage ratio | 22.8x |
| Cash | NT$3.78b |
| Equity | NT$15.95b |
| Total liabilities | NT$28.22b |
| Total assets | NT$44.17b |
Recent financial health updates
Recent updates
Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Looks Just Right With A 25% Price Jump
Apr 15
There May Be Reason For Hope In Chung-Hsin Electric and Machinery Manufacturing's (TWSE:1513) Disappointing Earnings
Mar 19Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 17Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable
Feb 27Is Chung-Hsin Electric and Machinery Manufacturing (TWSE:1513) A Risky Investment?
Feb 26Is Chung-Hsin Electric and Machinery Manufacturing Corp. (TPE:1513) A Smart Choice For Dividend Investors?
Apr 06Chung-Hsin Electric and Machinery Manufacturing (TPE:1513) Has Rewarded Shareholders With An Exceptional 316% Total Return On Their Investment
Dec 02
Financial Position Analysis
Short Term Liabilities: 1513's short term assets (NT$19.5B) exceed its short term liabilities (NT$15.4B).
Long Term Liabilities: 1513's short term assets (NT$19.5B) exceed its long term liabilities (NT$12.8B).
Debt to Equity History and Analysis
Debt Level: 1513's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: 1513's debt to equity ratio has increased from 55.1% to 66.1% over the past 5 years.
Debt Coverage: 1513's debt is well covered by operating cash flow (68.4%).
Interest Coverage: 1513's interest payments on its debt are well covered by EBIT (22.8x coverage).