Cathay Consolidated Balance Sheet Health
Financial Health criteria checks 6/6
Cathay Consolidated has a total shareholder equity of NT$2.2B and total debt of NT$478.2M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are NT$3.3B and NT$1.0B respectively. Cathay Consolidated's EBIT is NT$615.4M making its interest coverage ratio -124.7. It has cash and short-term investments of NT$600.0M.
Key information
21.3%
Debt to equity ratio
NT$478.20m
Debt
| Interest coverage ratio | -124.7x |
| Cash | NT$599.96m |
| Equity | NT$2.24b |
| Total liabilities | NT$1.01b |
| Total assets | NT$3.25b |
Recent financial health updates
These 4 Measures Indicate That Cathay Consolidated (TPE:1342) Is Using Debt Safely
Apr 08
Here's Why Cathay Consolidated (TPE:1342) Can Manage Its Debt Responsibly
Dec 17Recent updates
Cathay Consolidated (TWSE:1342) Will Pay A Smaller Dividend Than Last Year
Feb 27Some Investors May Be Worried About Cathay Consolidated's (TPE:1342) Returns On Capital
Apr 26These 4 Measures Indicate That Cathay Consolidated (TPE:1342) Is Using Debt Safely
Apr 08Introducing Cathay Consolidated (TPE:1342), A Stock That Climbed 27% In The Last Year
Mar 21Is Cathay Consolidated, Inc.'s(TPE:1342) Recent Stock Performance Tethered To Its Strong Fundamentals?
Mar 03Here's How We Evaluate Cathay Consolidated, Inc.'s (TPE:1342) Dividend
Feb 10Should You Use Cathay Consolidated's (TPE:1342) Statutory Earnings To Analyse It?
Jan 23What Do The Returns On Capital At Cathay Consolidated (TPE:1342) Tell Us?
Jan 05Here's Why Cathay Consolidated (TPE:1342) Can Manage Its Debt Responsibly
Dec 17Will Weakness in Cathay Consolidated, Inc.'s (TPE:1342) Stock Prove Temporary Given Strong Fundamentals?
Nov 26
Financial Position Analysis
Short Term Liabilities: 1342's short term assets (NT$2.0B) exceed its short term liabilities (NT$570.8M).
Long Term Liabilities: 1342's short term assets (NT$2.0B) exceed its long term liabilities (NT$436.8M).
Debt to Equity History and Analysis
Debt Level: 1342 has more cash than its total debt.
Reducing Debt: 1342's debt to equity ratio has reduced from 39.3% to 21.3% over the past 5 years.
Debt Coverage: 1342's debt is well covered by operating cash flow (110.8%).
Interest Coverage: 1342 earns more interest than it pays, so coverage of interest payments is not a concern.