Ever-Clear Environmental Eng Balance Sheet Health
Financial Health criteria checks 3/6
Ever-Clear Environmental Eng has a total shareholder equity of NT$328.6M and total debt of NT$332.8M, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are NT$936.4M and NT$607.8M respectively. Ever-Clear Environmental Eng's EBIT is NT$24.7M making its interest coverage ratio -32.6. It has cash and short-term investments of NT$46.4M.
Key information
101.3%
Debt to equity ratio
NT$332.78m
Debt
| Interest coverage ratio | -32.6x |
| Cash | NT$46.43m |
| Equity | NT$328.60m |
| Total liabilities | NT$607.76m |
| Total assets | NT$936.36m |
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$666.5M) exceed its short term liabilities (NT$430.8M).
Long Term Liabilities: 6624's short term assets (NT$666.5M) exceed its long term liabilities (NT$177.0M).
Debt to Equity History and Analysis
Debt Level: 6624's net debt to equity ratio (87.1%) is considered high.
Reducing Debt: 6624's debt to equity ratio has increased from 79.5% to 101.3% over the past 5 years.
Debt Coverage: 6624's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6624 earns more interest than it pays, so coverage of interest payments is not a concern.