General Plastic Industrial Balance Sheet Health
Financial Health criteria checks 4/6
General Plastic Industrial has a total shareholder equity of NT$4.2B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are NT$8.3B and NT$4.2B respectively. General Plastic Industrial's EBIT is NT$469.8M making its interest coverage ratio -61.1. It has cash and short-term investments of NT$1.3B.
Key information
54.0%
Debt to equity ratio
NT$2.26b
Debt
| Interest coverage ratio | -61.1x |
| Cash | NT$1.34b |
| Equity | NT$4.19b |
| Total liabilities | NT$4.15b |
| Total assets | NT$8.34b |
Recent financial health updates
We Think General Plastic Industrial (TPE:6128) Is Taking Some Risk With Its Debt
Mar 19
These 4 Measures Indicate That General Plastic Industrial (TPE:6128) Is Using Debt Extensively
Dec 01
Recent updates
Investors Will Want General Plastic Industrial's (TWSE:6128) Growth In ROCE To Persist
Mar 15Looking For Steady Income For Your Dividend Portfolio? Is General Plastic Industrial Co., Ltd. (TPE:6128) A Good Fit?
Apr 28General Plastic Industrial (TPE:6128) May Have Issues Allocating Its Capital
Apr 06We Think General Plastic Industrial (TPE:6128) Is Taking Some Risk With Its Debt
Mar 19General Plastic Industrial Co., Ltd. (TPE:6128) Stock's On A Decline: Are Poor Fundamentals The Cause?
Mar 02Reflecting on General Plastic Industrial's (TPE:6128) Share Price Returns Over The Last Three Years
Feb 09We're Not So Sure You Should Rely on General Plastic Industrial's (TPE:6128) Statutory Earnings
Jan 25Does General Plastic Industrial Co., Ltd. (TPE:6128) Have A Place In Your Dividend Stock Portfolio?
Jan 07Should You Be Impressed By General Plastic Industrial's (TPE:6128) Returns on Capital?
Dec 21These 4 Measures Indicate That General Plastic Industrial (TPE:6128) Is Using Debt Extensively
Dec 01Financial Position Analysis
Short Term Liabilities: 6128's short term assets (NT$3.6B) exceed its short term liabilities (NT$3.1B).
Long Term Liabilities: 6128's short term assets (NT$3.6B) exceed its long term liabilities (NT$1.0B).
Debt to Equity History and Analysis
Debt Level: 6128's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: 6128's debt to equity ratio has increased from 46.2% to 54% over the past 5 years.
Debt Coverage: 6128's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 6128 earns more interest than it pays, so coverage of interest payments is not a concern.