Evermore Chemical Industry Balance Sheet Health
Financial Health criteria checks 3/6
Evermore Chemical Industry has a total shareholder equity of NT$1.6B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 81.4%. Its total assets and total liabilities are NT$3.3B and NT$1.8B respectively. Evermore Chemical Industry's EBIT is NT$122.5M making its interest coverage ratio 9.3. It has cash and short-term investments of NT$377.7M.
Key information
81.4%
Debt to equity ratio
NT$1.26b
Debt
| Interest coverage ratio | 9.3x |
| Cash | NT$377.67m |
| Equity | NT$1.55b |
| Total liabilities | NT$1.79b |
| Total assets | NT$3.35b |
Recent financial health updates
Recent updates
Evermore Chemical Industry Co., Ltd. (TWSE:1735) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Sep 02
We Like Evermore Chemical Industry's (TWSE:1735) Earnings For More Than Just Statutory Profit
Mar 21What To Know Before Buying Evermore Chemical Industry Co., Ltd. (TPE:1735) For Its Dividend
Apr 25Estimating The Fair Value Of Evermore Chemical Industry Co., Ltd. (TPE:1735)
Apr 07Weak Financial Prospects Seem To Be Dragging Down Evermore Chemical Industry Co., Ltd. (TPE:1735) Stock
Mar 12Evermore Chemical Industry (TPE:1735) Seems To Use Debt Quite Sensibly
Feb 19Shareholders Of Evermore Chemical Industry (TPE:1735) Must Be Happy With Their 73% Return
Feb 01Read This Before Buying Evermore Chemical Industry Co., Ltd. (TPE:1735) For Its Dividend
Jan 17
Should You Use Evermore Chemical Industry's (TPE:1735) Statutory Earnings To Analyse It?
Dec 30Does Evermore Chemical Industry's (TPE:1735) Returns On Capital Reflect Well On The Business?
Dec 15Evermore Chemical Industry Co., Ltd.'s (TPE:1735) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Nov 30Financial Position Analysis
Short Term Liabilities: 1735's short term assets (NT$1.7B) exceed its short term liabilities (NT$1.5B).
Long Term Liabilities: 1735's short term assets (NT$1.7B) exceed its long term liabilities (NT$292.9M).
Debt to Equity History and Analysis
Debt Level: 1735's net debt to equity ratio (57.1%) is considered high.
Reducing Debt: 1735's debt to equity ratio has increased from 61.9% to 81.4% over the past 5 years.
Debt Coverage: 1735's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 1735's interest payments on its debt are well covered by EBIT (9.3x coverage).