Chiu Ting Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Chiu Ting Machinery has a total shareholder equity of NT$1.6B and total debt of NT$521.6M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are NT$2.5B and NT$936.9M respectively. Chiu Ting Machinery's EBIT is NT$80.0M making its interest coverage ratio -21. It has cash and short-term investments of NT$559.1M.
Key information
33.0%
Debt to equity ratio
NT$521.63m
Debt
| Interest coverage ratio | -21x |
| Cash | NT$559.08m |
| Equity | NT$1.58b |
| Total liabilities | NT$936.85m |
| Total assets | NT$2.52b |
Recent financial health updates
Recent updates
Does It Make Sense To Buy Chiu Ting Machinery Co., Ltd. (TPE:1539) For Its Yield?
Mar 13
Here's Why Chiu Ting Machinery (TPE:1539) Is Weighed Down By Its Debt Load
Feb 06What Do The Returns On Capital At Chiu Ting Machinery (TPE:1539) Tell Us?
Jan 02
Should You Buy Chiu Ting Machinery Co., Ltd. (TPE:1539) For Its 3.9% Dividend?
Nov 28Financial Position Analysis
Short Term Liabilities: 1539's short term assets (NT$1.3B) exceed its short term liabilities (NT$587.2M).
Long Term Liabilities: 1539's short term assets (NT$1.3B) exceed its long term liabilities (NT$349.7M).
Debt to Equity History and Analysis
Debt Level: 1539 has more cash than its total debt.
Reducing Debt: 1539's debt to equity ratio has reduced from 83% to 33% over the past 5 years.
Debt Coverage: 1539's debt is well covered by operating cash flow (45.5%).
Interest Coverage: 1539 earns more interest than it pays, so coverage of interest payments is not a concern.