E&E RecyclingInc Balance Sheet Health
Financial Health criteria checks 6/6
E&E RecyclingInc has a total shareholder equity of NT$616.6M and total debt of NT$10.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are NT$777.7M and NT$161.1M respectively. E&E RecyclingInc's EBIT is NT$46.4M making its interest coverage ratio -78.8. It has cash and short-term investments of NT$207.7M.
Key information
1.6%
Debt to equity ratio
NT$10.00m
Debt
Interest coverage ratio | -78.8x |
Cash | NT$207.73m |
Equity | NT$616.58m |
Total liabilities | NT$161.08m |
Total assets | NT$777.65m |
Recent financial health updates
No updates
Recent updates
E&E RecyclingInc's (GTSM:8440) Returns On Capital Are Heading Higher
Apr 01Weak Financial Prospects Seem To Be Dragging Down E&E Recycling,Inc. (GTSM:8440) Stock
Feb 19Should You Buy E&E Recycling,Inc. (GTSM:8440) For Its Dividend?
Jan 21We Like These Underlying Trends At E&E RecyclingInc (GTSM:8440)
Dec 16Financial Position Analysis
Short Term Liabilities: 8440's short term assets (NT$372.3M) exceed its short term liabilities (NT$76.8M).
Long Term Liabilities: 8440's short term assets (NT$372.3M) exceed its long term liabilities (NT$84.2M).
Debt to Equity History and Analysis
Debt Level: 8440 has more cash than its total debt.
Reducing Debt: 8440's debt to equity ratio has reduced from 7% to 1.6% over the past 5 years.
Debt Coverage: 8440's debt is well covered by operating cash flow (422.9%).
Interest Coverage: 8440 earns more interest than it pays, so coverage of interest payments is not a concern.