Eternal Materials Balance Sheet Health
Financial Health criteria checks 4/6
Eternal Materials has a total shareholder equity of NT$28.0B and total debt of NT$21.6B, which brings its debt-to-equity ratio to 77.2%. Its total assets and total liabilities are NT$62.6B and NT$34.6B respectively. Eternal Materials's EBIT is NT$2.1B making its interest coverage ratio 7.2. It has cash and short-term investments of NT$7.6B.
Key information
77.2%
Debt to equity ratio
NT$21.64b
Debt
| Interest coverage ratio | 7.2x |
| Cash | NT$7.60b |
| Equity | NT$28.04b |
| Total liabilities | NT$34.61b |
| Total assets | NT$62.65b |
Recent financial health updates
Eternal Materials (TWSE:1717) Seems To Use Debt Quite Sensibly
Sep 04
Does Eternal Materials (TWSE:1717) Have A Healthy Balance Sheet?
Feb 29Here's Why Eternal Materials (TPE:1717) Can Manage Its Debt Responsibly
Feb 01
Recent updates
Eternal Materials (TWSE:1717) Seems To Use Debt Quite Sensibly
Sep 04The Returns At Eternal Materials (TWSE:1717) Aren't Growing
Aug 06Here's What To Make Of Eternal Materials' (TWSE:1717) Decelerating Rates Of Return
Apr 02Does Eternal Materials (TWSE:1717) Have A Healthy Balance Sheet?
Feb 29Return Trends At Eternal Materials (TPE:1717) Aren't Appealing
Apr 21Eternal Materials Co., Ltd.'s (TPE:1717) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 16Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?
Mar 01Is Eternal Materials Co., Ltd. (TPE:1717) The Right Choice For A Smart Dividend Investor?
Feb 14Here's Why Eternal Materials (TPE:1717) Can Manage Its Debt Responsibly
Feb 01Calculating The Intrinsic Value Of Eternal Materials Co., Ltd. (TPE:1717)
Jan 19The Returns At Eternal Materials (TPE:1717) Provide Us With Signs Of What's To Come
Jan 04Can You Imagine How Eternal Materials' (TPE:1717) Shareholders Feel About The 38% Share Price Increase?
Dec 20Do Fundamentals Have Any Role To Play In Driving Eternal Materials Co., Ltd.'s (TPE:1717) Stock Up Recently?
Dec 05Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?
Nov 20Financial Position Analysis
Short Term Liabilities: 1717's short term assets (NT$34.8B) exceed its short term liabilities (NT$18.9B).
Long Term Liabilities: 1717's short term assets (NT$34.8B) exceed its long term liabilities (NT$15.8B).
Debt to Equity History and Analysis
Debt Level: 1717's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: 1717's debt to equity ratio has reduced from 101.9% to 77.2% over the past 5 years.
Debt Coverage: 1717's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 1717's interest payments on its debt are well covered by EBIT (7.2x coverage).