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 |
| Cash | NT$592.55m |
| Equity | NT$2.29b |
| Total liabilities | NT$1.11b |
| Total assets | NT$3.39b |
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$2.1B) 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 09:43 |
| End of Day Share Price | 2024/12/20 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Cathay Consolidated, Inc. is covered by 3 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 |
|---|---|
| Jianhong Wu | Capital Securities Corporation |
| Alexis Chen | Masterlink Securities Corp. |
| null null | SinoPac Securities Investment Service |