Merida Industry Co., Ltd.

TWSE:9914 Stock Report

Market Cap: NT$70.3b

Merida Industry Balance Sheet Health

Financial Health criteria checks 4/6

Merida Industry has a total shareholder equity of NT$21.6B and total debt of NT$7.5B, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are NT$38.2B and NT$16.6B respectively. Merida Industry's EBIT is NT$3.4B making its interest coverage ratio 29.6. It has cash and short-term investments of NT$3.8B.

Key information

34.9%

Debt to equity ratio

NT$7.53b

Debt

Interest coverage ratio29.6x
CashNT$3.78b
EquityNT$21.57b
Total liabilitiesNT$16.59b
Total assetsNT$38.16b

Recent financial health updates

Is Merida Industry (TPE:9914) Using Too Much Debt?

Jan 29
Is Merida Industry (TPE:9914) Using Too Much Debt?

Recent updates

There's Been No Shortage Of Growth Recently For Merida Industry's (TWSE:9914) Returns On Capital

Apr 17
There's Been No Shortage Of Growth Recently For Merida Industry's (TWSE:9914) Returns On Capital

At NT$208, Is Merida Industry Co., Ltd. (TWSE:9914) Worth Looking At Closely?

Apr 02
At NT$208, Is Merida Industry Co., Ltd. (TWSE:9914) Worth Looking At Closely?

Newsflash: Merida Industry Co., Ltd. (TWSE:9914) Analysts Have Been Trimming Their Revenue Forecasts

Mar 15
Newsflash: Merida Industry Co., Ltd. (TWSE:9914) Analysts Have Been Trimming Their Revenue Forecasts

Subdued Growth No Barrier To Merida Industry Co., Ltd. (TWSE:9914) With Shares Advancing 26%

Mar 07
Subdued Growth No Barrier To Merida Industry Co., Ltd. (TWSE:9914) With Shares Advancing 26%

Does Merida Industry Co., Ltd. (TPE:9914) Have A Place In Your Dividend Portfolio?

Feb 26
Does Merida Industry Co., Ltd. (TPE:9914) Have A Place In Your Dividend Portfolio?

Is Merida Industry (TPE:9914) Using Too Much Debt?

Jan 29
Is Merida Industry (TPE:9914) Using Too Much Debt?

We're Watching These Trends At Merida Industry (TPE:9914)

Dec 31
We're Watching These Trends At Merida Industry (TPE:9914)

Investors Who Bought Merida Industry (TPE:9914) Shares Three Years Ago Are Now Up 92%

Dec 18
Investors Who Bought Merida Industry (TPE:9914) Shares Three Years Ago Are Now Up 92%

What To Know Before Buying Merida Industry Co., Ltd. (TPE:9914) For Its Dividend

Nov 25
What To Know Before Buying Merida Industry Co., Ltd. (TPE:9914) For Its Dividend

Financial Position Analysis

Short Term Liabilities: 9914's short term assets (NT$15.8B) exceed its short term liabilities (NT$11.0B).

Long Term Liabilities: 9914's short term assets (NT$15.8B) exceed its long term liabilities (NT$5.6B).

Debt to Equity History and Analysis

Debt Level: 9914's net debt to equity ratio (17.4%) is considered satisfactory.

Reducing Debt: 9914's debt to equity ratio has increased from 14.2% to 34.9% over the past 5 years.

Debt Coverage: 9914's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 9914's interest payments on its debt are well covered by EBIT (29.6x coverage).

Balance Sheet

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