Kaori Heat Treatment Balance Sheet Health
Financial Health criteria checks 5/6
Kaori Heat Treatment has a total shareholder equity of NT$2.7B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are NT$4.8B and NT$2.1B respectively. Kaori Heat Treatment's EBIT is NT$711.4M making its interest coverage ratio 28.3. It has cash and short-term investments of NT$612.6M.
Key information
49.8%
Debt to equity ratio
NT$1.35b
Debt
| Interest coverage ratio | 28.3x |
| Cash | NT$612.57m |
| Equity | NT$2.70b |
| Total liabilities | NT$2.13b |
| Total assets | NT$4.83b |
Recent financial health updates
Is Kaori Heat Treatment (TWSE:8996) Using Too Much Debt?
Mar 01
Is Kaori Heat Treatment (TPE:8996) Using Too Much Debt?
Apr 06Recent updates
If EPS Growth Is Important To You, Kaori Heat Treatment (TWSE:8996) Presents An Opportunity
Apr 30Kaori Heat Treatment (TWSE:8996) Is Increasing Its Dividend To NT$3.98
Apr 09Kaori Heat Treatment Co., Ltd. (TWSE:8996) Analysts Just Trimmed Their Revenue Forecasts By 13%
Mar 26Kaori Heat Treatment (TWSE:8996) Is Increasing Its Dividend To NT$4.00
Mar 15Is Kaori Heat Treatment (TWSE:8996) Using Too Much Debt?
Mar 01Kaori Heat Treatment Co., Ltd. (TWSE:8996) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Mar 01Is Kaori Heat Treatment (TPE:8996) Using Too Much Debt?
Apr 06Kaori Heat Treatment Co., Ltd. (TPE:8996) Investors Should Think About This Before Buying It For Its Dividend
Feb 25Returns On Capital At Kaori Heat Treatment (TPE:8996) Paint An Interesting Picture
Jan 28Are Kaori Heat Treatment's (TPE:8996) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 17Kaori Heat Treatment Co., Ltd.'s (TPE:8996) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Nov 19Financial Position Analysis
Short Term Liabilities: 8996's short term assets (NT$2.7B) exceed its short term liabilities (NT$995.8M).
Long Term Liabilities: 8996's short term assets (NT$2.7B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 8996's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: 8996's debt to equity ratio has increased from 28.5% to 49.8% over the past 5 years.
Debt Coverage: 8996's debt is well covered by operating cash flow (50.4%).
Interest Coverage: 8996's interest payments on its debt are well covered by EBIT (28.3x coverage).