China Electric Mfg Balance Sheet Health
Financial Health criteria checks 6/6
China Electric Mfg has a total shareholder equity of NT$4.3B and total debt of NT$600.0M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are NT$5.6B and NT$1.3B respectively. China Electric Mfg's EBIT is NT$91.6M making its interest coverage ratio -2. It has cash and short-term investments of NT$1.7B.
Key information
13.8%
Debt to equity ratio
NT$600.00m
Debt
| Interest coverage ratio | -2x |
| Cash | NT$1.73b |
| Equity | NT$4.34b |
| Total liabilities | NT$1.29b |
| Total assets | NT$5.63b |
Recent financial health updates
Is China Electric Mfg (TWSE:1611) Using Too Much Debt?
Jun 21
Is China Electric Mfg (TPE:1611) Using Debt In A Risky Way?
Mar 21Is China Electric Mfg (TPE:1611) A Risky Investment?
Dec 03
Recent updates
Investors Will Want China Electric Mfg's (TWSE:1611) Growth In ROCE To Persist
Aug 07Is China Electric Mfg (TWSE:1611) Using Too Much Debt?
Jun 21We Think You Should Be Aware Of Some Concerning Factors In China Electric Mfg's (TWSE:1611) Earnings
Mar 19Calculating The Intrinsic Value Of China Electric Mfg. Corporation (TPE:1611)
Apr 09Is China Electric Mfg (TPE:1611) Using Debt In A Risky Way?
Mar 21Is China Electric Mfg. Corporation (TPE:1611) A Smart Choice For Dividend Investors?
Feb 23Here's Why We Don't Think China Electric Mfg's (TPE:1611) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 31Shareholders Of China Electric Mfg (TPE:1611) Must Be Happy With Their 134% Total Return
Jan 11Is China Electric Mfg (TPE:1611) A Risky Investment?
Dec 03Financial Position Analysis
Short Term Liabilities: 1611's short term assets (NT$2.5B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 1611's short term assets (NT$2.5B) exceed its long term liabilities (NT$181.3M).
Debt to Equity History and Analysis
Debt Level: 1611 has more cash than its total debt.
Reducing Debt: 1611's debt to equity ratio has reduced from 27% to 13.8% over the past 5 years.
Debt Coverage: 1611's debt is well covered by operating cash flow (48.7%).
Interest Coverage: 1611 earns more interest than it pays, so coverage of interest payments is not a concern.