CHUNGTAI RESOURCE Technology Balance Sheet Health
Financial Health criteria checks 2/6
CHUNGTAI RESOURCE Technology has a total shareholder equity of NT$1.8B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are NT$3.9B and NT$2.1B respectively. CHUNGTAI RESOURCE Technology's EBIT is NT$342.8M making its interest coverage ratio 13.3. It has cash and short-term investments of NT$236.5M.
Key information
93.5%
Debt to equity ratio
NT$1.68b
Debt
Interest coverage ratio | 13.3x |
Cash | NT$236.53m |
Equity | NT$1.80b |
Total liabilities | NT$2.09b |
Total assets | NT$3.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6923's short term assets (NT$655.0M) do not cover its short term liabilities (NT$696.5M).
Long Term Liabilities: 6923's short term assets (NT$655.0M) do not cover its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 6923's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: Insufficient data to determine if 6923's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6923's debt is well covered by operating cash flow (26.6%).
Interest Coverage: 6923's interest payments on its debt are well covered by EBIT (13.3x coverage).