M.J. International Balance Sheet Health
Financial Health criteria checks 2/6
M.J. International has a total shareholder equity of NT$2.5B and total debt of NT$2.8B, which brings its debt-to-equity ratio to 110.4%. Its total assets and total liabilities are NT$6.4B and NT$3.9B respectively. M.J. International's EBIT is NT$21.3M making its interest coverage ratio 0.7. It has cash and short-term investments of NT$1.1B.
Key information
110.4%
Debt to equity ratio
NT$2.78b
Debt
| Interest coverage ratio | 0.7x |
| Cash | NT$1.07b |
| Equity | NT$2.52b |
| Total liabilities | NT$3.87b |
| Total assets | NT$6.39b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To M.J. International Co., Ltd.'s (TWSE:8466) Price
Apr 29
Capital Allocation Trends At M.J. International (TPE:8466) Aren't Ideal
Apr 21Consider This Before Buying M.J. International Co., Ltd. (TPE:8466) For The 6.5% Dividend
Apr 01Estimating The Intrinsic Value Of M.J. International Co., Ltd. (TPE:8466)
Feb 25A Look At M.J. International's (TPE:8466) Share Price Returns
Jan 21
The Returns At M.J. International (TPE:8466) Provide Us With Signs Of What's To Come
Jan 01Declining Stock and Decent Financials: Is The Market Wrong About M.J. International Co., Ltd. (TPE:8466)?
Dec 16Should You Use M.J. International's (TPE:8466) Statutory Earnings To Analyse It?
Nov 19Financial Position Analysis
Short Term Liabilities: 8466's short term assets (NT$2.7B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 8466's short term assets (NT$2.7B) exceed its long term liabilities (NT$2.6B).
Debt to Equity History and Analysis
Debt Level: 8466's net debt to equity ratio (68%) is considered high.
Reducing Debt: 8466's debt to equity ratio has increased from 17.4% to 110.4% over the past 5 years.
Debt Coverage: 8466's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 8466's interest payments on its debt are not well covered by EBIT (0.7x coverage).