Chung Hwa Chemical Industrial Works Balance Sheet Health
Financial Health criteria checks 6/6
Chung Hwa Chemical Industrial Works has a total shareholder equity of NT$2.0B and total debt of NT$542.6M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are NT$2.9B and NT$894.2M respectively. Chung Hwa Chemical Industrial Works's EBIT is NT$49.7M making its interest coverage ratio 46.9. It has cash and short-term investments of NT$122.8M.
Key information
26.7%
Debt to equity ratio
NT$542.64m
Debt
| Interest coverage ratio | 46.9x |
| Cash | NT$122.82m |
| Equity | NT$2.03b |
| Total liabilities | NT$894.21m |
| Total assets | NT$2.93b |
Recent financial health updates
Does Chung Hwa Chemical Industrial Works (TWSE:1727) Have A Healthy Balance Sheet?
Jul 05
We Think Chung Hwa Chemical Industrial Works (TWSE:1727) Is Taking Some Risk With Its Debt
Feb 29Chung Hwa Chemical Industrial Works (TPE:1727) Is Carrying A Fair Bit Of Debt
Feb 26Recent updates
Returns On Capital At Chung Hwa Chemical Industrial Works (TWSE:1727) Paint A Concerning Picture
Oct 30What Chung Hwa Chemical Industrial Works, Ltd.'s (TWSE:1727) 28% Share Price Gain Is Not Telling You
Sep 05Subdued Growth No Barrier To Chung Hwa Chemical Industrial Works, Ltd. (TWSE:1727) With Shares Advancing 26%
Jul 18Does Chung Hwa Chemical Industrial Works (TWSE:1727) Have A Healthy Balance Sheet?
Jul 05We Think Chung Hwa Chemical Industrial Works (TWSE:1727) Is Taking Some Risk With Its Debt
Feb 29Chung Hwa Chemical Industrial Works (TPE:1727) Is Carrying A Fair Bit Of Debt
Feb 26Should You Buy Chung Hwa Chemical Industrial Works, Ltd. (TPE:1727) For Its Dividend?
Jan 05
Financial Position Analysis
Short Term Liabilities: 1727's short term assets (NT$1.0B) exceed its short term liabilities (NT$683.4M).
Long Term Liabilities: 1727's short term assets (NT$1.0B) exceed its long term liabilities (NT$210.8M).
Debt to Equity History and Analysis
Debt Level: 1727's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: 1727's debt to equity ratio has reduced from 58% to 26.7% over the past 5 years.
Debt Coverage: 1727's debt is well covered by operating cash flow (35%).
Interest Coverage: 1727's interest payments on its debt are well covered by EBIT (46.9x coverage).