New Palace International Balance Sheet Health
Financial Health criteria checks 4/6
New Palace International has a total shareholder equity of NT$758.4M and total debt of NT$266.2M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are NT$1.9B and NT$1.1B respectively. New Palace International's EBIT is NT$185.9M making its interest coverage ratio 14.6. It has cash and short-term investments of NT$157.5M.
Key information
35.1%
Debt to equity ratio
NT$266.18m
Debt
| Interest coverage ratio | 14.6x |
| Cash | NT$157.50m |
| Equity | NT$758.45m |
| Total liabilities | NT$1.10b |
| Total assets | NT$1.86b |
Recent financial health updates
New Palace International (TWSE:8940) Seems To Use Debt Quite Sensibly
Aug 07
Health Check: How Prudently Does New Palace International (TPE:8940) Use Debt?
Feb 25Recent updates
New Palace International (TWSE:8940) Seems To Use Debt Quite Sensibly
Aug 07New Palace International's (TWSE:8940) Solid Earnings Are Supported By Other Strong Factors
May 21New Palace International Co., Ltd.'s (TWSE:8940) Shares Bounce 26% But Its Business Still Trails The Market
May 02New Palace International (TWSE:8940) Is Experiencing Growth In Returns On Capital
Apr 08Health Check: How Prudently Does New Palace International (TPE:8940) Use Debt?
Feb 25Financial Position Analysis
Short Term Liabilities: 8940's short term assets (NT$297.5M) do not cover its short term liabilities (NT$407.6M).
Long Term Liabilities: 8940's short term assets (NT$297.5M) do not cover its long term liabilities (NT$694.3M).
Debt to Equity History and Analysis
Debt Level: 8940's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 8940's debt to equity ratio has reduced from 69.3% to 35.1% over the past 5 years.
Debt Coverage: 8940's debt is well covered by operating cash flow (124.6%).
Interest Coverage: 8940's interest payments on its debt are well covered by EBIT (14.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:53 |
| End of Day Share Price | 2024/12/23 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
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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
New Palace International Co., Ltd. is covered by 3 analysts. 0 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 |
|---|---|
| Titan Horng | IBTS Investment Consulting Co., Ltd. |
| Zhao Lun Chen | Jih Sun Securities Investment Consulting Co., Ltd. |
| Wanchen Chang | Masterlink Securities Corp. |