Everest Textile Balance Sheet Health
Financial Health criteria checks 4/6
Everest Textile has a total shareholder equity of NT$5.9B and total debt of NT$4.7B, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are NT$12.3B and NT$6.5B respectively.
Key information
80.9%
Debt to equity ratio
NT$4.75b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$713.59m |
| Equity | NT$5.87b |
| Total liabilities | NT$6.48b |
| Total assets | NT$12.35b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1460's short term assets (NT$6.6B) exceed its short term liabilities (NT$5.5B).
Long Term Liabilities: 1460's short term assets (NT$6.6B) exceed its long term liabilities (NT$964.2M).
Debt to Equity History and Analysis
Debt Level: 1460's net debt to equity ratio (68.8%) is considered high.
Reducing Debt: 1460's debt to equity ratio has reduced from 108.3% to 80.9% over the past 5 years.
Debt Coverage: 1460's debt is well covered by operating cash flow (37.1%).
Interest Coverage: Insufficient data to determine if 1460's interest payments on its debt are well covered by EBIT.