Eternal Materials Balance Sheet Health
Financial Health criteria checks 5/6
Eternal Materials has a total shareholder equity of NT$25.2B and total debt of NT$21.2B, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are NT$58.5B and NT$33.3B respectively. Eternal Materials's EBIT is NT$1.9B making its interest coverage ratio 6. It has cash and short-term investments of NT$7.6B.
Key information
83.9%
Debt to equity ratio
NT$21.16b
Debt
Interest coverage ratio | 6x |
Cash | NT$7.62b |
Equity | NT$25.22b |
Total liabilities | NT$33.32b |
Total assets | NT$58.54b |
Recent financial health updates
Does Eternal Materials (TWSE:1717) Have A Healthy Balance Sheet?
Feb 29Here's Why Eternal Materials (TPE:1717) Can Manage Its Debt Responsibly
Feb 01Recent updates
Here'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$33.0B) exceed its short term liabilities (NT$18.2B).
Long Term Liabilities: 1717's short term assets (NT$33.0B) exceed its long term liabilities (NT$15.1B).
Debt to Equity History and Analysis
Debt Level: 1717's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: 1717's debt to equity ratio has reduced from 106.3% to 83.9% over the past 5 years.
Debt Coverage: 1717's debt is well covered by operating cash flow (30.8%).
Interest Coverage: 1717's interest payments on its debt are well covered by EBIT (6x coverage).