Southeast Cement Balance Sheet Health
Financial Health criteria checks 4/6
Southeast Cement has a total shareholder equity of NT$9.0B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are NT$11.8B and NT$2.8B respectively. Southeast Cement's EBIT is NT$59.4M making its interest coverage ratio -1.9. It has cash and short-term investments of NT$622.9M.
Key information
16.2%
Debt to equity ratio
NT$1.46b
Debt
| Interest coverage ratio | -1.9x |
| Cash | NT$622.87m |
| Equity | NT$9.03b |
| Total liabilities | NT$2.80b |
| Total assets | NT$11.82b |
Recent financial health updates
Is Southeast CementLtd (TPE:1110) A Risky Investment?
Mar 10
Is Southeast CementLtd (TPE:1110) Using Debt Sensibly?
Nov 24Recent updates
Solid 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$2.5B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 1110's short term assets (NT$2.5B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 1110's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: 1110's debt to equity ratio has increased from 0.6% to 16.2% over the past 5 years.
Debt Coverage: 1110's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: 1110 earns more interest than it pays, so coverage of interest payments is not a concern.