Headway Advanced Materials Balance Sheet Health
Financial Health criteria checks 6/6
Headway Advanced Materials has a total shareholder equity of NT$989.2M and total debt of NT$383.6M, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are NT$1.7B and NT$690.0M respectively. Headway Advanced Materials's EBIT is NT$12.4M making its interest coverage ratio -0.8. It has cash and short-term investments of NT$485.4M.
Key information
38.8%
Debt to equity ratio
NT$383.56m
Debt
| Interest coverage ratio | -0.8x |
| Cash | NT$485.44m |
| Equity | NT$989.22m |
| Total liabilities | NT$689.98m |
| Total assets | NT$1.68b |
Recent financial health updates
Does Headway Advanced Materials (TPE:1776) Have A Healthy Balance Sheet?
Apr 28
We Think Headway Advanced Materials (TPE:1776) Can Stay On Top Of Its Debt
Jan 27Recent updates
There's No Escaping Headway Advanced Materials Inc.'s (TWSE:1776) Muted Revenues
Feb 29Does Headway Advanced Materials (TPE:1776) Have A Healthy Balance Sheet?
Apr 28Headway Advanced Materials (TPE:1776) Could Be Struggling To Allocate Capital
Apr 02Does Headway Advanced Materials Inc.'s (TPE:1776) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?
Mar 07We Think Headway Advanced Materials (TPE:1776) Can Stay On Top Of Its Debt
Jan 27Is Headway Advanced Materials (TPE:1776) Using Capital Effectively?
Jan 01Headway Advanced Materials Inc.'s (TPE:1776) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Dec 06Financial Position Analysis
Short Term Liabilities: 1776's short term assets (NT$1.2B) exceed its short term liabilities (NT$390.0M).
Long Term Liabilities: 1776's short term assets (NT$1.2B) exceed its long term liabilities (NT$300.0M).
Debt to Equity History and Analysis
Debt Level: 1776 has more cash than its total debt.
Reducing Debt: 1776's debt to equity ratio has reduced from 42.6% to 38.8% over the past 5 years.
Debt Coverage: 1776's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 1776 earns more interest than it pays, so coverage of interest payments is not a concern.