Pan Asia Chemical Balance Sheet Health
Financial Health criteria checks 3/6
Pan Asia Chemical has a total shareholder equity of NT$6.0B and total debt of NT$2.1B, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are NT$8.4B and NT$2.4B respectively.
Key information
34.1%
Debt to equity ratio
NT$2.05b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$505.14m |
| Equity | NT$6.01b |
| Total liabilities | NT$2.40b |
| Total assets | NT$8.41b |
Recent financial health updates
We Think Pan Asia Chemical (GTSM:4707) Can Stay On Top Of Its Debt
Mar 15
These 4 Measures Indicate That Pan Asia Chemical (GTSM:4707) Is Using Debt Reasonably Well
Dec 13
Recent updates
Should You Buy Pan Asia Chemical Co. (GTSM:4707) For Its Dividend?
Apr 27We Think Pan Asia Chemical (GTSM:4707) Can Stay On Top Of Its Debt
Mar 15We're Not Counting On Pan Asia Chemical (GTSM:4707) To Sustain Its Statutory Profitability
Feb 17Can Pan Asia Chemical (GTSM:4707) Continue To Grow Its Returns On Capital?
Jan 25Does Pan Asia Chemical Co. (GTSM:4707) Have A Place In Your Dividend Portfolio?
Jan 04These 4 Measures Indicate That Pan Asia Chemical (GTSM:4707) Is Using Debt Reasonably Well
Dec 13We're Not Counting On Pan Asia Chemical (GTSM:4707) To Sustain Its Statutory Profitability
Nov 19Financial Position Analysis
Short Term Liabilities: 4707's short term assets (NT$925.5M) do not cover its short term liabilities (NT$2.3B).
Long Term Liabilities: 4707's short term assets (NT$925.5M) exceed its long term liabilities (NT$105.5M).
Debt to Equity History and Analysis
Debt Level: 4707's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: 4707's debt to equity ratio has reduced from 52.7% to 34.1% over the past 5 years.
Debt Coverage: 4707's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: Insufficient data to determine if 4707's interest payments on its debt are well covered by EBIT.