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$18.1B and total debt of NT$10.1B, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are NT$48.3B and NT$30.2B respectively. Chung-Hsin Electric and Machinery Manufacturing's EBIT is NT$4.1B making its interest coverage ratio 26.3. It has cash and short-term investments of NT$2.8B.
Key information
56.0%
Debt to equity ratio
NT$10.13b
Debt
| Interest coverage ratio | 26.3x |
| Cash | NT$2.76b |
| Equity | NT$18.11b |
| Total liabilities | NT$30.18b |
| Total assets | NT$48.29b |
Recent financial health updates
Chung-Hsin Electric and Machinery Manufacturing (TWSE:1513) Has A Pretty Healthy Balance Sheet
Aug 30
Is Chung-Hsin Electric and Machinery Manufacturing (TWSE:1513) A Risky Investment?
Feb 26Recent updates
Chung-Hsin Electric and Machinery Manufacturing (TWSE:1513) Has A Pretty Healthy Balance Sheet
Aug 30An Intrinsic Calculation For Chung-Hsin Electric and Machinery Manufacturing Corp. (TWSE:1513) Suggests It's 26% Undervalued
Jul 29Earnings 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$21.4B) exceed its short term liabilities (NT$16.7B).
Long Term Liabilities: 1513's short term assets (NT$21.4B) exceed its long term liabilities (NT$13.5B).
Debt to Equity History and Analysis
Debt Level: 1513's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: 1513's debt to equity ratio has reduced from 61.7% to 56% over the past 5 years.
Debt Coverage: 1513's debt is well covered by operating cash flow (61.5%).
Interest Coverage: 1513's interest payments on its debt are well covered by EBIT (26.3x coverage).