Ho Tung Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Ho Tung Chemical has a total shareholder equity of NT$17.0B and total debt of NT$2.4B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are NT$23.5B and NT$6.5B respectively. Ho Tung Chemical's EBIT is NT$914.5M making its interest coverage ratio -3.7. It has cash and short-term investments of NT$7.5B.
Key information
14.3%
Debt to equity ratio
NT$2.42b
Debt
Interest coverage ratio | -3.7x |
Cash | NT$7.55b |
Equity | NT$16.97b |
Total liabilities | NT$6.51b |
Total assets | NT$23.48b |
Recent financial health updates
Recent updates
We Think That There Are Some Issues For Ho Tung Chemical (TWSE:1714) Beyond Its Promising Earnings
May 21Will Ho Tung Chemical's (TPE:1714) Growth In ROCE Persist?
Mar 18Did Ho Tung Chemical's (TPE:1714) Share Price Deserve to Gain 37%?
Feb 11Is Ho Tung Chemical (TPE:1714) A Risky Investment?
Jan 16Ho 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$14.1B) exceed its short term liabilities (NT$3.5B).
Long Term Liabilities: 1714's short term assets (NT$14.1B) exceed its long term liabilities (NT$3.0B).
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 48.1% to 14.3% over the past 5 years.
Debt Coverage: 1714's debt is well covered by operating cash flow (81.7%).
Interest Coverage: 1714 earns more interest than it pays, so coverage of interest payments is not a concern.