Cleanaway Balance Sheet Health
Financial Health criteria checks 1/6
Cleanaway has a total shareholder equity of NT$6.6B and total debt of NT$8.9B, which brings its debt-to-equity ratio to 134.3%. Its total assets and total liabilities are NT$18.7B and NT$12.0B respectively. Cleanaway's EBIT is NT$1.3B making its interest coverage ratio 12.4. It has cash and short-term investments of NT$1.6B.
Key information
134.3%
Debt to equity ratio
NT$8.91b
Debt
| Interest coverage ratio | 12.4x |
| Cash | NT$1.61b |
| Equity | NT$6.63b |
| Total liabilities | NT$12.04b |
| Total assets | NT$18.67b |
Recent financial health updates
Recent updates
Cleanaway's (TWSE:8422) Anemic Earnings Might Be Worse Than You Think
Nov 12
Is Cleanaway (TPE:8422) Using Too Much Debt?
Apr 14Some Investors May Be Willing To Look Past Cleanaway's (TPE:8422) Soft Earnings
Mar 05Could Cleanaway (TPE:8422) Multiply In Value?
Feb 18Do Investors Have Good Reason To Be Wary Of Cleanaway Company Limited's (TPE:8422) 6.2% Dividend Yield?
Jan 20Can Cleanaway Company Limited (TPE:8422) Performance Keep Up Given Its Mixed Bag Of Fundamentals?
Dec 16
Cleanaway (TPE:8422) Long Term Shareholders are 20% In The Black
Nov 25Financial Position Analysis
Short Term Liabilities: 8422's short term assets (NT$3.4B) do not cover its short term liabilities (NT$4.3B).
Long Term Liabilities: 8422's short term assets (NT$3.4B) do not cover its long term liabilities (NT$7.8B).
Debt to Equity History and Analysis
Debt Level: 8422's net debt to equity ratio (110%) is considered high.
Reducing Debt: 8422's debt to equity ratio has increased from 12.4% to 134.3% over the past 5 years.
Debt Coverage: 8422's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 8422's interest payments on its debt are well covered by EBIT (12.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:09 |
| End of Day Share Price | 2024/12/23 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cleanaway Company Limited is covered by 6 analysts. 1 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 |
|---|---|
| Jihong Lai | Capital Securities Corporation |
| Yufan Li | Jih Sun Securities Investment Consulting Co., Ltd. |
| Ming Hong Chu | KGI Securities Co. Ltd. |