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
Recent updates
At NT$161, Is Merida Industry Co., Ltd. (TWSE:9914) Worth Looking At Closely?
Nov 13
The 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).