Chung-Hsin Electric and Machinery Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Chung-Hsin Electric and Machinery Manufacturing has a total shareholder equity of NT$18.7B and total debt of NT$10.2B, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are NT$46.6B and NT$27.9B respectively. Chung-Hsin Electric and Machinery Manufacturing's EBIT is NT$4.6B making its interest coverage ratio 26.2. It has cash and short-term investments of NT$3.4B.
Key information
54.6%
Debt to equity ratio
NT$10.23b
Debt
| Interest coverage ratio | 26.2x |
| Cash | NT$3.41b |
| Equity | NT$18.72b |
| Total liabilities | NT$27.90b |
| Total assets | NT$46.62b |
Recent financial health updates
Recent updates
An Intrinsic Calculation For Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Suggests It's 26% Undervalued
Jul 29
Earnings Tell The Story For Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) As Its Stock Soars 28%
Jul 11Investors Will Want Chung-Hsin Electric and Machinery Manufacturing's (TWSE:1513) Growth In ROCE To Persist
Jun 08At NT$162, Is It Time To Put Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) On Your Watch List?
May 23Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Looks Just Right With A 25% Price Jump
Apr 15There 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$20.1B) exceed its short term liabilities (NT$13.8B).
Long Term Liabilities: 1513's short term assets (NT$20.1B) exceed its long term liabilities (NT$14.1B).
Debt to Equity History and Analysis
Debt Level: 1513's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: 1513's debt to equity ratio has increased from 52.3% to 54.6% over the past 5 years.
Debt Coverage: 1513's debt is well covered by operating cash flow (60%).
Interest Coverage: 1513's interest payments on its debt are well covered by EBIT (26.2x coverage).