Headway Advanced Materials Balance Sheet Health
Financial Health criteria checks 6/6
Headway Advanced Materials has a total shareholder equity of NT$1.0B and total debt of NT$381.4M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are NT$1.7B and NT$677.8M respectively. Headway Advanced Materials's EBIT is NT$48.3M making its interest coverage ratio -5.1. It has cash and short-term investments of NT$517.3M.
Key information
37.5%
Debt to equity ratio
NT$381.42m
Debt
| Interest coverage ratio | -5.1x |
| Cash | NT$517.34m |
| Equity | NT$1.02b |
| Total liabilities | NT$677.84m |
| Total assets | NT$1.69b |
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
Investors Could Be Concerned With Headway Advanced Materials' (TWSE:1776) Returns On Capital
Jan 20Return Trends At Headway Advanced Materials (TWSE:1776) Aren't Appealing
Sep 24Headway Advanced Materials Inc.'s (TWSE:1776) Shares Bounce 32% But Its Business Still Trails The Industry
Aug 28There'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$342.8M).
Long Term Liabilities: 1776's short term assets (NT$1.2B) exceed its long term liabilities (NT$335.0M).
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 38% to 37.5% over the past 5 years.
Debt Coverage: 1776's debt is well covered by operating cash flow (22.6%).
Interest Coverage: 1776 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 20:53 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Headway Advanced Materials Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xiu Lian Wu | Capital Securities Corporation |