China Ecotek Balance Sheet Health
Financial Health criteria checks 5/6
China Ecotek has a total shareholder equity of NT$3.7B and total debt of NT$100.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are NT$6.8B and NT$3.2B respectively. China Ecotek's EBIT is NT$465.0M making its interest coverage ratio -5.1. It has cash and short-term investments of NT$1.2B.
Key information
2.7%
Debt to equity ratio
NT$100.00m
Debt
| Interest coverage ratio | -5.1x |
| Cash | NT$1.18b |
| Equity | NT$3.66b |
| Total liabilities | NT$3.18b |
| Total assets | NT$6.84b |
Recent financial health updates
Recent updates
Is China Ecotek (TWSE:1535) A Risky Investment?
Apr 18
Market Might Still Lack Some Conviction On China Ecotek Corporation (TWSE:1535) Even After 26% Share Price Boost
Mar 12Is China Ecotek Corporation (TPE:1535) A Great Dividend Stock?
Mar 22Returns On Capital At China Ecotek (TPE:1535) Paint A Concerning Picture
Feb 17China Ecotek (TPE:1535) Share Prices Have Dropped 40% In The Last Five Years
Jan 27
China Ecotek Corporation's (TPE:1535) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?
Jan 09Is China Ecotek Corporation (TPE:1535) A Good Fit For Your Dividend Portfolio?
Dec 22Here's Why We Think China Ecotek's (TPE:1535) Statutory Earnings Might Be Conservative
Dec 04Financial Position Analysis
Short Term Liabilities: 1535's short term assets (NT$4.3B) exceed its short term liabilities (NT$2.9B).
Long Term Liabilities: 1535's short term assets (NT$4.3B) exceed its long term liabilities (NT$309.2M).
Debt to Equity History and Analysis
Debt Level: 1535 has more cash than its total debt.
Reducing Debt: 1535's debt to equity ratio has reduced from 35% to 2.7% over the past 5 years.
Debt Coverage: 1535's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1535 earns more interest than it pays, so coverage of interest payments is not a concern.