Southeast Cement Balance Sheet Health
Financial Health criteria checks 4/6
Southeast Cement has a total shareholder equity of NT$9.2B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are NT$12.1B and NT$2.9B respectively. Southeast Cement's EBIT is NT$115.1M making its interest coverage ratio -3.5. It has cash and short-term investments of NT$445.4M.
Key information
16.5%
Debt to equity ratio
NT$1.51b
Debt
Interest coverage ratio | -3.5x |
Cash | NT$445.40m |
Equity | NT$9.15b |
Total liabilities | NT$2.92b |
Total assets | NT$12.07b |
Recent financial health updates
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)
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$2.7B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 1110's short term assets (NT$2.7B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 1110's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 1110's debt to equity ratio has increased from 2.4% to 16.5% over the past 5 years.
Debt Coverage: 1110's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: 1110 earns more interest than it pays, so coverage of interest payments is not a concern.