Ho Tung Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Ho Tung Chemical has a total shareholder equity of NT$16.3B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are NT$22.6B and NT$6.4B respectively. Ho Tung Chemical's EBIT is NT$770.0M making its interest coverage ratio -3.5. It has cash and short-term investments of NT$6.8B.
Key information
13.5%
Debt to equity ratio
NT$2.19b
Debt
| Interest coverage ratio | -3.5x |
| Cash | NT$6.76b |
| Equity | NT$16.25b |
| Total liabilities | NT$6.35b |
| Total assets | NT$22.60b |
Recent financial health updates
Recent updates
Will Ho Tung Chemical's (TPE:1714) Growth In ROCE Persist?
Mar 18
Did Ho Tung Chemical's (TPE:1714) Share Price Deserve to Gain 37%?
Feb 11Is Ho Tung Chemical (TPE:1714) A Risky Investment?
Jan 16
Ho Tung Chemical (TPE:1714) Is Growing Earnings But Are They A Good Guide?
Dec 20Will the Promising Trends At Ho Tung Chemical (TPE:1714) Continue?
Nov 24Financial Position Analysis
Short Term Liabilities: 1714's short term assets (NT$13.3B) exceed its short term liabilities (NT$3.2B).
Long Term Liabilities: 1714's short term assets (NT$13.3B) exceed its long term liabilities (NT$3.2B).
Debt to Equity History and Analysis
Debt Level: 1714 has more cash than its total debt.
Reducing Debt: 1714's debt to equity ratio has reduced from 47.8% to 13.5% over the past 5 years.
Debt Coverage: 1714's debt is well covered by operating cash flow (72.8%).
Interest Coverage: 1714 earns more interest than it pays, so coverage of interest payments is not a concern.