China Petrochemical Development Balance Sheet Health
Financial Health criteria checks 3/6
China Petrochemical Development has a total shareholder equity of NT$79.3B and total debt of NT$35.8B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are NT$145.3B and NT$66.0B respectively.
Key information
45.2%
Debt to equity ratio
NT$35.81b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$6.90b |
| Equity | NT$79.28b |
| Total liabilities | NT$66.02b |
| Total assets | NT$145.29b |
Recent financial health updates
Is China Petrochemical Development (TWSE:1314) Using Too Much Debt?
Jul 05
We Think China Petrochemical Development (TPE:1314) Has A Fair Chunk Of Debt
Feb 03Recent updates
China Petrochemical Development Corporation's (TWSE:1314) Prospects Need A Boost To Lift Shares
Oct 11Is China Petrochemical Development (TWSE:1314) Using Too Much Debt?
Jul 05We Think That There Are Issues Underlying China Petrochemical Development's (TWSE:1314) Earnings
May 22Market Still Lacking Some Conviction On China Petrochemical Development Corporation (TWSE:1314)
Apr 22Should You Buy China Petrochemical Development Corporation (TPE:1314) For Its Dividend?
Mar 01We Think China Petrochemical Development (TPE:1314) Has A Fair Chunk Of Debt
Feb 03We Wouldn't Rely On China Petrochemical Development's (TPE:1314) Statutory Earnings As A Guide
Jan 12Did China Petrochemical Development's (TPE:1314) Share Price Deserve to Gain 32%?
Dec 22Know This Before Buying China Petrochemical Development Corporation (TPE:1314) For Its Dividend
Nov 30
Financial Position Analysis
Short Term Liabilities: 1314's short term assets (NT$72.0B) exceed its short term liabilities (NT$35.3B).
Long Term Liabilities: 1314's short term assets (NT$72.0B) exceed its long term liabilities (NT$30.8B).
Debt to Equity History and Analysis
Debt Level: 1314's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 1314's debt to equity ratio has increased from 14.7% to 45.2% over the past 5 years.
Debt Coverage: 1314's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1314's interest payments on its debt are well covered by EBIT.