Champ-Ray Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Champ-Ray Industrial has a total shareholder equity of NT$692.2M and total debt of NT$426.0M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are NT$1.4B and NT$729.8M respectively. Champ-Ray Industrial's EBIT is NT$193.7M making its interest coverage ratio -29. It has cash and short-term investments of NT$405.8M.
Key information
61.5%
Debt to equity ratio
NT$425.97m
Debt
| Interest coverage ratio | -29x |
| Cash | NT$405.80m |
| Equity | NT$692.20m |
| Total liabilities | NT$729.82m |
| Total assets | NT$1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7642's short term assets (NT$548.6M) exceed its short term liabilities (NT$323.0M).
Long Term Liabilities: 7642's short term assets (NT$548.6M) exceed its long term liabilities (NT$406.8M).
Debt to Equity History and Analysis
Debt Level: 7642's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7642's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7642's debt is well covered by operating cash flow (58.8%).
Interest Coverage: 7642 earns more interest than it pays, so coverage of interest payments is not a concern.