Mechema Chemicals International Balance Sheet Health
Financial Health criteria checks 6/6
Mechema Chemicals International has a total shareholder equity of NT$1.1B and total debt of NT$260.0M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are NT$1.6B and NT$495.7M respectively. Mechema Chemicals International's EBIT is NT$187.6M making its interest coverage ratio 32.2. It has cash and short-term investments of NT$316.1M.
Key information
23.5%
Debt to equity ratio
NT$260.00m
Debt
Interest coverage ratio | 32.2x |
Cash | NT$316.12m |
Equity | NT$1.11b |
Total liabilities | NT$495.66m |
Total assets | NT$1.60b |
Recent financial health updates
These 4 Measures Indicate That Mechema Chemicals International (GTSM:4721) Is Using Debt Reasonably Well
Apr 02We Think Mechema Chemicals International (GTSM:4721) Can Manage Its Debt With Ease
Dec 29Recent updates
These 4 Measures Indicate That Mechema Chemicals International (GTSM:4721) Is Using Debt Reasonably Well
Apr 02What Do The Returns At Mechema Chemicals International (GTSM:4721) Mean Going Forward?
Mar 18Estimating The Fair Value Of Mechema Chemicals International Corp. (GTSM:4721)
Feb 28Does Mechema Chemicals International's (GTSM:4721) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 10Did You Participate In Any Of Mechema Chemicals International's (GTSM:4721) Fantastic 231% Return ?
Jan 26Is Mechema Chemicals International Corp. (GTSM:4721) A Good Dividend Stock?
Jan 11We Think Mechema Chemicals International (GTSM:4721) Can Manage Its Debt With Ease
Dec 29Will The ROCE Trend At Mechema Chemicals International (GTSM:4721) Continue?
Dec 16Are Strong Financial Prospects The Force That Is Driving The Momentum In Mechema Chemicals International Corp.'s GTSM:4721) Stock?
Dec 01A Look At The Intrinsic Value Of Mechema Chemicals International Corp. (GTSM:4721)
Nov 18Financial Position Analysis
Short Term Liabilities: 4721's short term assets (NT$1.2B) exceed its short term liabilities (NT$490.3M).
Long Term Liabilities: 4721's short term assets (NT$1.2B) exceed its long term liabilities (NT$5.3M).
Debt to Equity History and Analysis
Debt Level: 4721 has more cash than its total debt.
Reducing Debt: 4721's debt to equity ratio has reduced from 47.3% to 23.5% over the past 5 years.
Debt Coverage: 4721's debt is well covered by operating cash flow (154.7%).
Interest Coverage: 4721's interest payments on its debt are well covered by EBIT (32.2x coverage).