Chung Hwa Chemical Industrial Works Balance Sheet Health
Financial Health criteria checks 5/6
Chung Hwa Chemical Industrial Works has a total shareholder equity of NT$1.8B and total debt of NT$643.0M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are NT$2.8B and NT$1.0B respectively. Chung Hwa Chemical Industrial Works's EBIT is NT$3.1M making its interest coverage ratio 0.6. It has cash and short-term investments of NT$209.1M.
Key information
34.9%
Debt to equity ratio
NT$643.00m
Debt
Interest coverage ratio | 0.6x |
Cash | NT$209.12m |
Equity | NT$1.84b |
Total liabilities | NT$1.01b |
Total assets | NT$2.85b |
Financial Position Analysis
Short Term Liabilities: 1727's short term assets (NT$1.0B) exceed its short term liabilities (NT$814.4M).
Long Term Liabilities: 1727's short term assets (NT$1.0B) exceed its long term liabilities (NT$191.7M).
Debt to Equity History and Analysis
Debt Level: 1727's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: 1727's debt to equity ratio has reduced from 47.9% to 34.9% over the past 5 years.
Debt Coverage: 1727's debt is well covered by operating cash flow (34.1%).
Interest Coverage: 1727's interest payments on its debt are not well covered by EBIT (0.6x coverage).