Universal Textile Balance Sheet Health
Financial Health criteria checks 3/6
Universal Textile has a total shareholder equity of NT$2.4B and total debt of NT$120.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are NT$2.7B and NT$364.7M respectively.
Key information
5.1%
Debt to equity ratio
NT$120.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$465.70m |
| Equity | NT$2.36b |
| Total liabilities | NT$364.65m |
| Total assets | NT$2.73b |
Recent financial health updates
Recent updates
Universal Textile's (TWSE:1445) Earnings Might Be Weaker Than You Think
Mar 22
What Universal Textile Co., Ltd.'s (TWSE:1445) 29% Share Price Gain Is Not Telling You
Mar 05Universal Textile (TPE:1445) Has Debt But No Earnings; Should You Worry?
Feb 26Are Dividend Investors Making A Mistake With Universal Textile Co., Ltd. (TPE:1445)?
Jan 22
Does Universal Textile's (TPE:1445) Share Price Gain of 60% Match Its Business Performance?
Dec 18Financial Position Analysis
Short Term Liabilities: 1445's short term assets (NT$1.1B) exceed its short term liabilities (NT$276.7M).
Long Term Liabilities: 1445's short term assets (NT$1.1B) exceed its long term liabilities (NT$88.0M).
Debt to Equity History and Analysis
Debt Level: 1445 has more cash than its total debt.
Reducing Debt: 1445's debt to equity ratio has increased from 0% to 5.1% over the past 5 years.
Debt Coverage: 1445's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1445's interest payments on its debt are well covered by EBIT.