China Petrochemical Development Balance Sheet Health
Financial Health criteria checks 2/6
China Petrochemical Development has a total shareholder equity of NT$78.8B and total debt of NT$51.2B, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are NT$145.7B and NT$66.9B respectively.
Key information
65.0%
Debt to equity ratio
NT$51.22b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$7.86b |
| Equity | NT$78.77b |
| Total liabilities | NT$66.94b |
| Total assets | NT$145.71b |
Recent financial health updates
Recent updates
Market Still Lacking Some Conviction On China Petrochemical Development Corporation (TWSE:1314)
Apr 22
Should 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$66.6B) exceed its short term liabilities (NT$30.2B).
Long Term Liabilities: 1314's short term assets (NT$66.6B) exceed its long term liabilities (NT$36.7B).
Debt to Equity History and Analysis
Debt Level: 1314's net debt to equity ratio (55%) is considered high.
Reducing Debt: 1314's debt to equity ratio has increased from 8.8% to 65% 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.