Universal Textile Balance Sheet Health
Financial Health criteria checks 6/6
Universal Textile has a total shareholder equity of NT$2.4B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$3.0B and NT$583.5M respectively.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.27b |
| Equity | NT$2.38b |
| Total liabilities | NT$583.52m |
| Total assets | NT$2.96b |
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$1.8B) exceed its short term liabilities (NT$492.8M).
Long Term Liabilities: 1445's short term assets (NT$1.8B) exceed its long term liabilities (NT$90.7M).
Debt to Equity History and Analysis
Debt Level: 1445 is debt free.
Reducing Debt: 1445 had no debt 5 years ago.
Debt Coverage: 1445 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1445 has no debt, therefore coverage of interest payments is not a concern.