Southeast Cement Balance Sheet Health
Financial Health criteria checks 5/6
Southeast Cement has a total shareholder equity of NT$9.5B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are NT$12.6B and NT$3.1B respectively. Southeast Cement's EBIT is NT$333.3M making its interest coverage ratio -9.9. It has cash and short-term investments of NT$670.8M.
Key information
17.5%
Debt to equity ratio
NT$1.66b
Debt
| Interest coverage ratio | -9.9x |
| Cash | NT$670.83m |
| Equity | NT$9.49b |
| Total liabilities | NT$3.07b |
| Total assets | NT$12.55b |
Recent financial health updates
Here's Why Southeast Cement (TWSE:1110) Has A Meaningful Debt Burden
Jun 07
Is Southeast CementLtd (TPE:1110) A Risky Investment?
Mar 10Is Southeast CementLtd (TPE:1110) Using Debt Sensibly?
Nov 24Recent updates
Solid Earnings May Not Tell The Whole Story For Southeast Cement (TWSE:1110)
Nov 19Here's Why Southeast Cement (TWSE:1110) Has A Meaningful Debt Burden
Jun 07Solid Earnings May Not Tell The Whole Story For Southeast Cement (TWSE:1110)
Mar 27Is Southeast CementLtd (TPE:1110) A Risky Investment?
Mar 10Can You Imagine How Southeast CementLtd's (TPE:1110) Shareholders Feel About The 30% Share Price Increase?
Jan 16Is Southeast CementLtd (TPE:1110) Using Debt Sensibly?
Nov 24Financial Position Analysis
Short Term Liabilities: 1110's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 1110's short term assets (NT$2.8B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 1110's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: 1110's debt to equity ratio has increased from 2.7% to 17.5% over the past 5 years.
Debt Coverage: 1110's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 1110 earns more interest than it pays, so coverage of interest payments is not a concern.