Honmyue Enterprise Balance Sheet Health
Financial Health criteria checks 4/6
Honmyue Enterprise has a total shareholder equity of NT$2.0B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are NT$3.8B and NT$1.7B respectively.
Key information
50.0%
Debt to equity ratio
NT$1.02b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$443.44m |
| Equity | NT$2.03b |
| Total liabilities | NT$1.73b |
| Total assets | NT$3.77b |
Recent financial health updates
We Think Honmyue Enterprise (TPE:1474) Is Taking Some Risk With Its Debt
Mar 09
Does Honmyue Enterprise (TPE:1474) Have A Healthy Balance Sheet?
Nov 24Recent updates
Is Honmyue Enterprise Co., Ltd. (TPE:1474) A Smart Choice For Dividend Investors?
Apr 07We Think Honmyue Enterprise (TPE:1474) Is Taking Some Risk With Its Debt
Mar 09The Honmyue Enterprise (TPE:1474) Share Price Has Gained 16% And Shareholders Are Hoping For More
Feb 16Should You Be Impressed By Honmyue Enterprise's (TPE:1474) Returns on Capital?
Jan 26We're Not So Sure You Should Rely on Honmyue Enterprise's (TPE:1474) Statutory Earnings
Jan 05Could Honmyue Enterprise Co., Ltd.'s (TPE:1474) Weak Financials Mean That The Market Could Correct Its Share Price?
Dec 14Does Honmyue Enterprise (TPE:1474) Have A Healthy Balance Sheet?
Nov 24Financial Position Analysis
Short Term Liabilities: 1474's short term assets (NT$2.1B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 1474's short term assets (NT$2.1B) exceed its long term liabilities (NT$613.7M).
Debt to Equity History and Analysis
Debt Level: 1474's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 1474's debt to equity ratio has reduced from 61.5% to 50% over the past 5 years.
Debt Coverage: 1474's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1474's interest payments on its debt are well covered by EBIT.