Cathay Consolidated, Inc.

TWSE:1342 Stock Report

Market Cap: NT$7.8b

Cathay Consolidated Balance Sheet Health

Financial Health criteria checks 6/6

Cathay Consolidated has a total shareholder equity of NT$2.3B and total debt of NT$620.7M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are NT$3.4B and NT$1.1B respectively. Cathay Consolidated's EBIT is NT$577.9M making its interest coverage ratio -92.3. It has cash and short-term investments of NT$592.6M.

Key information

27.2%

Debt to equity ratio

NT$620.72m

Debt

Interest coverage ratio-92.3x
CashNT$592.55m
EquityNT$2.29b
Total liabilitiesNT$1.11b
Total assetsNT$3.39b

Recent financial health updates

These 4 Measures Indicate That Cathay Consolidated (TPE:1342) Is Using Debt Safely

Apr 08
These 4 Measures Indicate That Cathay Consolidated (TPE:1342) Is Using Debt Safely

Here's Why Cathay Consolidated (TPE:1342) Can Manage Its Debt Responsibly

Dec 17
Here's Why Cathay Consolidated (TPE:1342) Can Manage Its Debt Responsibly

Recent updates

Cathay Consolidated (TWSE:1342) Will Pay A Smaller Dividend Than Last Year

Feb 27
Cathay Consolidated (TWSE:1342) Will Pay A Smaller Dividend Than Last Year

Some Investors May Be Worried About Cathay Consolidated's (TPE:1342) Returns On Capital

Apr 26
Some Investors May Be Worried About Cathay Consolidated's (TPE:1342) Returns On Capital

These 4 Measures Indicate That Cathay Consolidated (TPE:1342) Is Using Debt Safely

Apr 08
These 4 Measures Indicate That Cathay Consolidated (TPE:1342) Is Using Debt Safely

Introducing Cathay Consolidated (TPE:1342), A Stock That Climbed 27% In The Last Year

Mar 21
Introducing Cathay Consolidated (TPE:1342), A Stock That Climbed 27% In The Last Year

Is Cathay Consolidated, Inc.'s(TPE:1342) Recent Stock Performance Tethered To Its Strong Fundamentals?

Mar 03
Is Cathay Consolidated, Inc.'s(TPE:1342) Recent Stock Performance Tethered To Its Strong Fundamentals?

Here's How We Evaluate Cathay Consolidated, Inc.'s (TPE:1342) Dividend

Feb 10
Here's How We Evaluate Cathay Consolidated, Inc.'s (TPE:1342) Dividend

Should You Use Cathay Consolidated's (TPE:1342) Statutory Earnings To Analyse It?

Jan 23
Should You Use Cathay Consolidated's (TPE:1342) Statutory Earnings To Analyse It?

What Do The Returns On Capital At Cathay Consolidated (TPE:1342) Tell Us?

Jan 05
What Do The Returns On Capital At Cathay Consolidated (TPE:1342) Tell Us?

Here's Why Cathay Consolidated (TPE:1342) Can Manage Its Debt Responsibly

Dec 17
Here's Why Cathay Consolidated (TPE:1342) Can Manage Its Debt Responsibly

Will Weakness in Cathay Consolidated, Inc.'s (TPE:1342) Stock Prove Temporary Given Strong Fundamentals?

Nov 26
Will Weakness in Cathay Consolidated, Inc.'s (TPE:1342) Stock Prove Temporary Given Strong Fundamentals?

Financial Position Analysis

Short Term Liabilities: 1342's short term assets (NT$2.1B) exceed its short term liabilities (NT$590.2M).

Long Term Liabilities: 1342's short term assets (NT$2.1B) exceed its long term liabilities (NT$515.2M).

Debt to Equity History and Analysis

Debt Level: 1342's net debt to equity ratio (1.2%) is considered satisfactory.

Reducing Debt: 1342's debt to equity ratio has reduced from 36.6% to 27.2% over the past 5 years.

Debt Coverage: 1342's debt is well covered by operating cash flow (80.7%).

Interest Coverage: 1342 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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