Ever-Clear Environmental Eng Balance Sheet Health
Financial Health criteria checks 5/6
Ever-Clear Environmental Eng has a total shareholder equity of NT$420.1M and total debt of NT$297.2M, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are NT$932.2M and NT$512.1M respectively. Ever-Clear Environmental Eng's EBIT is NT$8.2M making its interest coverage ratio 5.6. It has cash and short-term investments of NT$130.1M.
Key information
70.7%
Debt to equity ratio
NT$297.23m
Debt
| Interest coverage ratio | 5.6x |
| Cash | NT$130.12m |
| Equity | NT$420.12m |
| Total liabilities | NT$512.06m |
| Total assets | NT$932.18m |
Recent financial health updates
Is Ever-Clear Environmental Eng (GTSM:6624) Using Too Much Debt?
Mar 22
Ever-Clear Environmental Eng (GTSM:6624) Takes On Some Risk With Its Use Of Debt
Nov 30Recent updates
Is Ever-Clear Environmental Eng (GTSM:6624) Using Too Much Debt?
Mar 22Here's What To Make Of Ever-Clear Environmental Eng's (GTSM:6624) Returns On Capital
Feb 24Tread With Caution Around Ever-Clear Environmental Eng. Corp.'s (GTSM:6624) 6.3% Dividend Yield
Jan 26
Calculating The Intrinsic Value Of Ever-Clear Environmental Eng. Corp. (GTSM:6624)
Dec 29Ever-Clear Environmental Eng (GTSM:6624) Takes On Some Risk With Its Use Of Debt
Nov 30Financial Position Analysis
Short Term Liabilities: 6624's short term assets (NT$660.0M) exceed its short term liabilities (NT$336.0M).
Long Term Liabilities: 6624's short term assets (NT$660.0M) exceed its long term liabilities (NT$176.1M).
Debt to Equity History and Analysis
Debt Level: 6624's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: 6624's debt to equity ratio has reduced from 73% to 70.7% over the past 5 years.
Debt Coverage: 6624's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6624's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 02:43 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ever-Clear Environmental Eng. Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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