Hotai Finance Balance Sheet Health
Financial Health criteria checks 3/6
Hotai Finance has a total shareholder equity of NT$41.0B and total debt of NT$277.0B, which brings its debt-to-equity ratio to 676.1%. Its total assets and total liabilities are NT$328.9B and NT$287.9B respectively.
Key information
676.1%
Debt to equity ratio
NT$276.96b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$8.45b |
| Equity | NT$40.97b |
| Total liabilities | NT$287.92b |
| Total assets | NT$328.89b |
Recent financial health updates
No updates
Recent updates
Investor Optimism Abounds Hotai Finance Co., Ltd. (TWSE:6592) But Growth Is Lacking
Aug 30
Hotai Finance (TWSE:6592) Has Announced That Its Dividend Will Be Reduced To NT$3.00
Jul 14Hotai Finance's (TWSE:6592) Dividend Is Being Reduced To NT$3.00
Jun 30Lacklustre Performance Is Driving Hotai Finance Co., Ltd.'s (TWSE:6592) Low P/E
May 23Should You Buy Hotai Finance Co., Ltd. (TPE:6592) For Its Dividend?
Feb 24What Type Of Returns Would Hotai Finance's(TPE:6592) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Dec 29Should Hotai Finance Co., Ltd. (TPE:6592) Be Part Of Your Dividend Portfolio?
Nov 24
Financial Position Analysis
Short Term Liabilities: 6592's short term assets (NT$316.2B) exceed its short term liabilities (NT$285.2B).
Long Term Liabilities: 6592's short term assets (NT$316.2B) exceed its long term liabilities (NT$2.7B).
Debt to Equity History and Analysis
Debt Level: 6592's net debt to equity ratio (655.5%) is considered high.
Reducing Debt: 6592's debt to equity ratio has reduced from 871.5% to 676.1% over the past 5 years.
Debt Coverage: 6592's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6592's interest payments on its debt are well covered by EBIT.