Asia Cement Balance Sheet Health
Financial Health criteria checks 4/6
Asia Cement has a total shareholder equity of NT$191.9B and total debt of NT$118.2B, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are NT$336.7B and NT$144.9B respectively. Asia Cement's EBIT is NT$7.5B making its interest coverage ratio -15.7. It has cash and short-term investments of NT$98.9B.
Key information
61.6%
Debt to equity ratio
NT$118.23b
Debt
| Interest coverage ratio | -15.7x |
| Cash | NT$98.94b |
| Equity | NT$191.86b |
| Total liabilities | NT$144.86b |
| Total assets | NT$336.73b |
Recent financial health updates
Recent updates
Asia Cement (TWSE:1102) Could Be At Risk Of Shrinking As A Company
Apr 09
Why Asia Cement's (TWSE:1102) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 22Asia Cement Corporation (TWSE:1102) Just Released Its Yearly Results And Analysts Are Updating Their Estimates
Mar 19Are Investors Undervaluing Asia Cement Corporation (TPE:1102) By 34%?
Apr 01Should Asia Cement Corporation (TPE:1102) Be Part Of Your Dividend Portfolio?
Mar 17Will The ROCE Trend At Asia Cement (TPE:1102) Continue?
Mar 02Shareholders Of Asia Cement (TPE:1102) Must Be Happy With Their 75% Return
Feb 15
Asia Cement (TPE:1102) Seems To Use Debt Quite Sensibly
Feb 02What Type Of Shareholders Make Up Asia Cement Corporation's (TPE:1102) Share Registry?
Jan 20Asia Cement Corporation's (TPE:1102) Stock Has Fared Decently: Is the Market Following Strong Financials?
Jan 07Are Asia Cement's (TPE:1102) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 25How Does Asia Cement Corporation (TPE:1102) Fare As A Dividend Stock?
Dec 12What Do The Returns At Asia Cement (TPE:1102) Mean Going Forward?
Nov 29Financial Position Analysis
Short Term Liabilities: 1102's short term assets (NT$122.3B) exceed its short term liabilities (NT$82.9B).
Long Term Liabilities: 1102's short term assets (NT$122.3B) exceed its long term liabilities (NT$62.0B).
Debt to Equity History and Analysis
Debt Level: 1102's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: 1102's debt to equity ratio has increased from 60.6% to 61.6% over the past 5 years.
Debt Coverage: 1102's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: 1102 earns more interest than it pays, so coverage of interest payments is not a concern.