Prime Oil Chemical Service Balance Sheet Health
Financial Health criteria checks 4/6
Prime Oil Chemical Service has a total shareholder equity of NT$1.2B and total debt of NT$392.1M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are NT$1.9B and NT$678.4M respectively. Prime Oil Chemical Service's EBIT is NT$91.0M making its interest coverage ratio 5.6. It has cash and short-term investments of NT$171.4M.
Key information
31.5%
Debt to equity ratio
NT$392.08m
Debt
| Interest coverage ratio | 5.6x |
| Cash | NT$171.45m |
| Equity | NT$1.25b |
| Total liabilities | NT$678.44m |
| Total assets | NT$1.92b |
Recent financial health updates
Prime Oil Chemical Service (TPE:2904) Seems To Use Debt Quite Sensibly
Mar 22
We Think Prime Oil Chemical Service (TPE:2904) Can Stay On Top Of Its Debt
Dec 20Recent updates
Investors Can Find Comfort In Prime Oil Chemical Service's (TWSE:2904) Earnings Quality
Nov 21Prime Oil Chemical Service's (TWSE:2904) Conservative Accounting Might Explain Soft Earnings
Mar 25Returns On Capital At Prime Oil Chemical Service (TPE:2904) Have Stalled
Apr 27Prime Oil Chemical Service (TPE:2904) Seems To Use Debt Quite Sensibly
Mar 22Something To Consider Before Buying Prime Oil Chemical Service Corporation (TPE:2904) For The 6.2% Dividend
Mar 04Prime Oil Chemical Service Corporation's (TPE:2904) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Feb 14The Trends At Prime Oil Chemical Service (TPE:2904) That You Should Know About
Jan 27Shareholders Of Prime Oil Chemical Service (TPE:2904) Must Be Happy With Their 70% Return
Jan 07We Think Prime Oil Chemical Service (TPE:2904) Can Stay On Top Of Its Debt
Dec 20Know This Before Buying Prime Oil Chemical Service Corporation (TPE:2904) For Its Dividend
Dec 02Financial Position Analysis
Short Term Liabilities: 2904's short term assets (NT$253.5M) exceed its short term liabilities (NT$165.3M).
Long Term Liabilities: 2904's short term assets (NT$253.5M) do not cover its long term liabilities (NT$513.1M).
Debt to Equity History and Analysis
Debt Level: 2904's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: 2904's debt to equity ratio has increased from 25.9% to 31.5% over the past 5 years.
Debt Coverage: 2904's debt is well covered by operating cash flow (71.2%).
Interest Coverage: 2904's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 16:56 |
| End of Day Share Price | 2025/02/07 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.
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 Github.
Analyst Sources
Prime Oil Chemical Service Corporation is covered by 0 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.