CHANG TYPE Industrial Balance Sheet Health
Financial Health criteria checks 6/6
CHANG TYPE Industrial has a total shareholder equity of NT$1.9B and total debt of NT$569.7M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are NT$4.0B and NT$2.1B respectively. CHANG TYPE Industrial's EBIT is NT$285.2M making its interest coverage ratio 15.3. It has cash and short-term investments of NT$82.6M.
Key information
29.8%
Debt to equity ratio
NT$569.70m
Debt
| Interest coverage ratio | 15.3x |
| Cash | NT$82.56m |
| Equity | NT$1.91b |
| Total liabilities | NT$2.07b |
| Total assets | NT$3.98b |
Recent financial health updates
These 4 Measures Indicate That CHANG TYPE Industrial (TPE:1541) Is Using Debt Safely
Feb 18
CHANG TYPE Industrial (TPE:1541) Could Easily Take On More Debt
Nov 19Recent updates
Key Things To Watch Out For If You Are After CHANG TYPE Industrial Co., Ltd.'s (TPE:1541) 4.7% Dividend
Apr 21CHANG TYPE Industrial (TPE:1541): Are Investors Overlooking Returns On Capital?
Mar 10These 4 Measures Indicate That CHANG TYPE Industrial (TPE:1541) Is Using Debt Safely
Feb 18Introducing CHANG TYPE Industrial (TPE:1541), A Stock That Climbed 43% In The Last Year
Jan 25
CHANG TYPE Industrial Co., Ltd.'s (TPE:1541) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Jan 03Will CHANG TYPE Industrial (TPE:1541) Become A Multi-Bagger?
Dec 10CHANG TYPE Industrial (TPE:1541) Could Easily Take On More Debt
Nov 19Financial Position Analysis
Short Term Liabilities: 1541's short term assets (NT$2.6B) exceed its short term liabilities (NT$1.5B).
Long Term Liabilities: 1541's short term assets (NT$2.6B) exceed its long term liabilities (NT$583.6M).
Debt to Equity History and Analysis
Debt Level: 1541's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: 1541's debt to equity ratio has reduced from 68.1% to 29.8% over the past 5 years.
Debt Coverage: 1541's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 1541's interest payments on its debt are well covered by EBIT (15.3x coverage).