China Wire & Cable Balance Sheet Health
Financial Health criteria checks 4/6
China Wire & Cable has a total shareholder equity of NT$6.8B and total debt of NT$2.0B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are NT$11.0B and NT$4.2B respectively. China Wire & Cable's EBIT is NT$505.9M making its interest coverage ratio -16.5. It has cash and short-term investments of NT$2.0B.
Key information
29.9%
Debt to equity ratio
NT$2.03b
Debt
| Interest coverage ratio | -16.5x |
| Cash | NT$2.01b |
| Equity | NT$6.80b |
| Total liabilities | NT$4.24b |
| Total assets | NT$11.04b |
Recent financial health updates
Recent updates
China Wire & Cable's (TWSE:1603) Upcoming Dividend Will Be Larger Than Last Year's
Aug 15
Investors Don't See Light At End Of China Wire & Cable Co., Ltd.'s (TWSE:1603) Tunnel
Aug 07Returns Are Gaining Momentum At China Wire & Cable (TWSE:1603)
Apr 18China Wire & Cable Co., Ltd.'s (TWSE:1603) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Mar 27Return Trends At China Wire & Cable (TPE:1603) Aren't Appealing
Apr 12Did You Participate In Any Of China Wire & Cable's (TPE:1603) Fantastic 111% Return ?
Mar 09What Kind Of Shareholders Hold The Majority In China Wire & Cable Co., Ltd.'s (TPE:1603) Shares?
Feb 22Is China Wire & Cable Co., Ltd. (TPE:1603) The Right Choice For A Smart Dividend Investor?
Feb 09Is China Wire & Cable (TPE:1603) A Risky Investment?
Jan 27Will China Wire & Cable's (TPE:1603) Growth In ROCE Persist?
Jan 12
Should You Be Adding China Wire & Cable (TPE:1603) To Your Watchlist Today?
Dec 29Should You Rely On China Wire & Cable's (TPE:1603) Earnings Growth?
Dec 14Financial Position Analysis
Short Term Liabilities: 1603's short term assets (NT$6.4B) exceed its short term liabilities (NT$3.5B).
Long Term Liabilities: 1603's short term assets (NT$6.4B) exceed its long term liabilities (NT$754.3M).
Debt to Equity History and Analysis
Debt Level: 1603's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 1603's debt to equity ratio has increased from 23.9% to 29.9% over the past 5 years.
Debt Coverage: 1603's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 1603 earns more interest than it pays, so coverage of interest payments is not a concern.