Merida Industry Balance Sheet Health
Financial Health criteria checks 5/6
Merida Industry has a total shareholder equity of NT$22.6B and total debt of NT$8.0B, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are NT$41.9B and NT$19.2B respectively. Merida Industry's EBIT is NT$3.4B making its interest coverage ratio 26. It has cash and short-term investments of NT$5.2B.
Key information
35.6%
Debt to equity ratio
NT$8.05b
Debt
| Interest coverage ratio | 26x |
| Cash | NT$5.23b |
| Equity | NT$22.63b |
| Total liabilities | NT$19.23b |
| Total assets | NT$41.86b |
Recent financial health updates
Is Merida Industry (TWSE:9914) Using Too Much Debt?
Dec 19
Is Merida Industry (TPE:9914) Using Too Much Debt?
Jan 29Recent updates
A Look At The Fair Value Of Merida Industry Co., Ltd. (TWSE:9914)
Jan 10Is Merida Industry (TWSE:9914) Using Too Much Debt?
Dec 19At NT$161, Is Merida Industry Co., Ltd. (TWSE:9914) Worth Looking At Closely?
Nov 13The Return Trends At Merida Industry (TWSE:9914) Look Promising
Oct 04We Think You Can Look Beyond Merida Industry's (TWSE:9914) Lackluster Earnings
Aug 20Shareholders Should Be Pleased With Merida Industry Co., Ltd.'s (TWSE:9914) Price
Jul 27Merida Industry's (TWSE:9914) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 28There's Been No Shortage Of Growth Recently For Merida Industry's (TWSE:9914) Returns On Capital
Apr 17At NT$208, Is Merida Industry Co., Ltd. (TWSE:9914) Worth Looking At Closely?
Apr 02Newsflash: Merida Industry Co., Ltd. (TWSE:9914) Analysts Have Been Trimming Their Revenue Forecasts
Mar 15Subdued Growth No Barrier To Merida Industry Co., Ltd. (TWSE:9914) With Shares Advancing 26%
Mar 07Does Merida Industry Co., Ltd. (TPE:9914) Have A Place In Your Dividend Portfolio?
Feb 26Is Merida Industry (TPE:9914) Using Too Much Debt?
Jan 29We're Watching These Trends At Merida Industry (TPE:9914)
Dec 31Investors Who Bought Merida Industry (TPE:9914) Shares Three Years Ago Are Now Up 92%
Dec 18
What To Know Before Buying Merida Industry Co., Ltd. (TPE:9914) For Its Dividend
Nov 25Financial Position Analysis
Short Term Liabilities: 9914's short term assets (NT$19.0B) exceed its short term liabilities (NT$13.7B).
Long Term Liabilities: 9914's short term assets (NT$19.0B) exceed its long term liabilities (NT$5.6B).
Debt to Equity History and Analysis
Debt Level: 9914's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 9914's debt to equity ratio has increased from 16.1% to 35.6% over the past 5 years.
Debt Coverage: 9914's debt is well covered by operating cash flow (47.4%).
Interest Coverage: 9914's interest payments on its debt are well covered by EBIT (26x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 22:30 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Merida Industry Co., Ltd. is covered by 29 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Qihui Li | Barclays |
| Jenny Tsai | BNP Paribas Securities (Asia) |
| Ronald Leung | BofA Global Research |