Universal Cement Balance Sheet Health
Financial Health criteria checks 6/6
Universal Cement has a total shareholder equity of NT$22.7B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are NT$28.2B and NT$5.5B respectively. Universal Cement's EBIT is NT$974.4M making its interest coverage ratio -5.2. It has cash and short-term investments of NT$4.3B.
Key information
10.9%
Debt to equity ratio
NT$2.47b
Debt
| Interest coverage ratio | -5.2x |
| Cash | NT$4.25b |
| Equity | NT$22.68b |
| Total liabilities | NT$5.51b |
| Total assets | NT$28.19b |
Recent financial health updates
Universal Cement (TPE:1104) Seems To Use Debt Rather Sparingly
Apr 22
These 4 Measures Indicate That Universal Cement (TPE:1104) Is Using Debt Safely
Jan 05Recent updates
Universal Cement's (TWSE:1104) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 22Universal Cement (TPE:1104) Seems To Use Debt Rather Sparingly
Apr 22Universal Cement (TPE:1104) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 07Three Things You Should Check Before Buying Universal Cement Corporation (TPE:1104) For Its Dividend
Mar 24Calculating The Intrinsic Value Of Universal Cement Corporation (TPE:1104)
Mar 06We Like These Underlying Trends At Universal Cement (TPE:1104)
Feb 16
The Universal Cement (TPE:1104) Share Price Has Gained 11% And Shareholders Are Hoping For More
Jan 26These 4 Measures Indicate That Universal Cement (TPE:1104) Is Using Debt Safely
Jan 05How Does Universal Cement Corporation (TPE:1104) Fare As A Dividend Stock?
Dec 21Universal Cement Corporation's (TPE:1104) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 01Financial Position Analysis
Short Term Liabilities: 1104's short term assets (NT$6.8B) exceed its short term liabilities (NT$4.1B).
Long Term Liabilities: 1104's short term assets (NT$6.8B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 1104 has more cash than its total debt.
Reducing Debt: 1104's debt to equity ratio has reduced from 13.6% to 10.9% over the past 5 years.
Debt Coverage: 1104's debt is well covered by operating cash flow (62.6%).
Interest Coverage: 1104 earns more interest than it pays, so coverage of interest payments is not a concern.