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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:06 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Eternal Materials Co., Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zhangni Wang | Jih Sun Securities Investment Consulting Co., Ltd. |
| Alexis Chen | Masterlink Securities Corp. |
| Zhangni Wang | SinoPac Securities Investment Service |