Champ-Ray Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Champ-Ray Industrial has a total shareholder equity of NT$740.3M and total debt of NT$433.4M, which brings its debt-to-equity ratio to 58.5%. Its total assets and total liabilities are NT$1.4B and NT$620.0M respectively. Champ-Ray Industrial's EBIT is NT$175.6M making its interest coverage ratio -40.8. It has cash and short-term investments of NT$390.0M.
Key information
58.5%
Debt to equity ratio
NT$433.43m
Debt
Interest coverage ratio | -40.8x |
Cash | NT$389.99m |
Equity | NT$740.28m |
Total liabilities | NT$619.99m |
Total assets | NT$1.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7642's short term assets (NT$521.5M) exceed its short term liabilities (NT$187.7M).
Long Term Liabilities: 7642's short term assets (NT$521.5M) exceed its long term liabilities (NT$432.3M).
Debt to Equity History and Analysis
Debt Level: 7642's net debt to equity ratio (5.9%) 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 (38.4%).
Interest Coverage: 7642 earns more interest than it pays, so coverage of interest payments is not a concern.