China Wire & Cable Balance Sheet Health
Financial Health criteria checks 4/6
China Wire & Cable has a total shareholder equity of NT$7.0B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are NT$11.1B and NT$4.1B respectively. China Wire & Cable's EBIT is NT$494.7M making its interest coverage ratio -13.5. It has cash and short-term investments of NT$2.6B.
Key information
31.3%
Debt to equity ratio
NT$2.19b
Debt
| Interest coverage ratio | -13.5x |
| Cash | NT$2.63b |
| Equity | NT$7.00b |
| Total liabilities | NT$4.11b |
| Total assets | NT$11.11b |
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$6.5B) exceed its short term liabilities (NT$3.4B).
Long Term Liabilities: 1603's short term assets (NT$6.5B) exceed its long term liabilities (NT$755.7M).
Debt to Equity History and Analysis
Debt Level: 1603 has more cash than its total debt.
Reducing Debt: 1603's debt to equity ratio has increased from 23.8% to 31.3% over the past 5 years.
Debt Coverage: 1603's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 1603 earns more interest than it pays, so coverage of interest payments is not a concern.