Evermore Chemical Industry Balance Sheet Health
Financial Health criteria checks 4/6
Evermore Chemical Industry has a total shareholder equity of NT$1.5B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are NT$3.3B and NT$1.8B respectively. Evermore Chemical Industry's EBIT is NT$91.5M making its interest coverage ratio 5.1. It has cash and short-term investments of NT$372.8M.
Key information
87.2%
Debt to equity ratio
NT$1.31b
Debt
| Interest coverage ratio | 5.1x |
| Cash | NT$372.78m |
| Equity | NT$1.50b |
| Total liabilities | NT$1.80b |
| Total assets | NT$3.30b |
Recent financial health updates
Recent updates
We Like Evermore Chemical Industry's (TWSE:1735) Earnings For More Than Just Statutory Profit
Mar 21
What 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$1.6B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 1735's short term assets (NT$1.6B) exceed its long term liabilities (NT$358.4M).
Debt to Equity History and Analysis
Debt Level: 1735's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: 1735's debt to equity ratio has increased from 74.5% to 87.2% over the past 5 years.
Debt Coverage: 1735's debt is well covered by operating cash flow (35%).
Interest Coverage: 1735's interest payments on its debt are well covered by EBIT (5.1x coverage).