Everlight Chemical Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Everlight Chemical Industrial has a total shareholder equity of NT$8.7B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are NT$12.9B and NT$4.2B respectively. Everlight Chemical Industrial's EBIT is NT$83.4M making its interest coverage ratio 1.5. It has cash and short-term investments of NT$1.5B.
Key information
31.7%
Debt to equity ratio
NT$2.75b
Debt
| Interest coverage ratio | 1.5x |
| Cash | NT$1.51b |
| Equity | NT$8.66b |
| Total liabilities | NT$4.24b |
| Total assets | NT$12.90b |
Recent financial health updates
We Think Everlight Chemical Industrial (TPE:1711) Can Stay On Top Of Its Debt
Mar 04
Everlight Chemical Industrial (TPE:1711) Seems To Use Debt Quite Sensibly
Dec 03Recent updates
Returns On Capital Signal Difficult Times Ahead For Everlight Chemical Industrial (TPE:1711)
Apr 26We Think Everlight Chemical Industrial (TPE:1711) Can Stay On Top Of Its Debt
Mar 04Are Dividend Investors Making A Mistake With Everlight Chemical Industrial Corporation (TPE:1711)?
Feb 13
Can Everlight Chemical Industrial (TPE:1711) Turn Things Around?
Jan 26Everlight Chemical Industrial Corporation's (TPE:1711) Dismal Stock Performance Reflects Weak Fundamentals
Jan 08Everlight Chemical Industrial's (TPE:1711) Shareholders Are Down 13% On Their Shares
Dec 21Everlight Chemical Industrial (TPE:1711) Seems To Use Debt Quite Sensibly
Dec 03Financial Position Analysis
Short Term Liabilities: 1711's short term assets (NT$6.7B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 1711's short term assets (NT$6.7B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 1711's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 1711's debt to equity ratio has reduced from 54.5% to 31.7% over the past 5 years.
Debt Coverage: 1711's debt is well covered by operating cash flow (48.6%).
Interest Coverage: 1711's interest payments on its debt are not well covered by EBIT (1.5x coverage).