Wei Chuan Foods Balance Sheet Health
Financial Health criteria checks 4/6
Wei Chuan Foods has a total shareholder equity of NT$7.7B and total debt of NT$4.8B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are NT$18.0B and NT$10.4B respectively. Wei Chuan Foods's EBIT is NT$569.8M making its interest coverage ratio 5.8. It has cash and short-term investments of NT$1.5B.
Key information
62.4%
Debt to equity ratio
NT$4.77b
Debt
| Interest coverage ratio | 5.8x |
| Cash | NT$1.47b |
| Equity | NT$7.65b |
| Total liabilities | NT$10.36b |
| Total assets | NT$18.01b |
Recent financial health updates
Does Wei Chuan Foods (TPE:1201) Have A Healthy Balance Sheet?
Feb 18
We Think Wei Chuan Foods (TPE:1201) Is Taking Some Risk With Its Debt
Nov 20
Recent updates
Wei Chuan Foods' (TWSE:1201) Solid Profits Have Weak Fundamentals
Nov 14Wei Chuan Foods (TWSE:1201) Has Announced That It Will Be Increasing Its Dividend To NT$0.266
Jul 22Wei Chuan Foods (TWSE:1201) Is Increasing Its Dividend To NT$0.266
Jun 30Wei Chuan Foods' (TWSE:1201) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 20Wei Chuan Foods (TPE:1201) Is Doing The Right Things To Multiply Its Share Price
Mar 25Do Fundamentals Have Any Role To Play In Driving Wei Chuan Foods Corporation's (TPE:1201) Stock Up Recently?
Mar 08Does Wei Chuan Foods (TPE:1201) Have A Healthy Balance Sheet?
Feb 18Wei Chuan Foods (TPE:1201) Share Prices Have Dropped 15% In The Last Three Years
Jan 28How Does Wei Chuan Foods Corporation (TPE:1201) Fare As A Dividend Stock?
Jan 11What Do The Returns At Wei Chuan Foods (TPE:1201) Mean Going Forward?
Dec 25Is Wei Chuan Foods Corporation's (TPE:1201) Recent Stock Performance Influenced By Its Financials In Any Way?
Dec 07We Think Wei Chuan Foods (TPE:1201) Is Taking Some Risk With Its Debt
Nov 20Financial Position Analysis
Short Term Liabilities: 1201's short term assets (NT$6.9B) do not cover its short term liabilities (NT$7.1B).
Long Term Liabilities: 1201's short term assets (NT$6.9B) exceed its long term liabilities (NT$3.3B).
Debt to Equity History and Analysis
Debt Level: 1201's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: 1201's debt to equity ratio has reduced from 100.3% to 62.4% over the past 5 years.
Debt Coverage: 1201's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 1201's interest payments on its debt are well covered by EBIT (5.8x coverage).