China GlazeLtd Balance Sheet Health

Financial Health criteria checks 4/6

China GlazeLtd has a total shareholder equity of NT$3.4B and total debt of NT$772.6M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are NT$4.6B and NT$1.2B respectively.

Key information

22.8%

Debt to equity ratio

NT$772.61m

Debt

Interest coverage ration/a
CashNT$702.41m
EquityNT$3.39b
Total liabilitiesNT$1.21b
Total assetsNT$4.59b

Recent financial health updates

Recent updates

Does China GlazeLtd (TWSE:1809) Have A Healthy Balance Sheet?

Apr 26
Does China GlazeLtd (TWSE:1809) Have A Healthy Balance Sheet?

Revenues Tell The Story For China Glaze Co.,Ltd. (TWSE:1809) As Its Stock Soars 82%

Feb 27
Revenues Tell The Story For China Glaze Co.,Ltd. (TWSE:1809) As Its Stock Soars 82%

Is China Glaze Co.,Ltd. (TPE:1809) A Strong Dividend Stock?

Apr 29
Is China Glaze Co.,Ltd. (TPE:1809) A Strong Dividend Stock?

Does China GlazeLtd (TPE:1809) Have A Healthy Balance Sheet?

Feb 18
Does China GlazeLtd (TPE:1809) Have A Healthy Balance Sheet?

Is China Glaze Co.,Ltd. (TPE:1809) A Good Dividend Stock?

Jan 08
Is China Glaze Co.,Ltd. (TPE:1809) A Good Dividend Stock?

China GlazeLtd (TPE:1809) Has Compensated Shareholders With A Respectable 38% Return On Their Investment

Dec 04
China GlazeLtd (TPE:1809) Has Compensated Shareholders With A Respectable 38% Return On Their Investment

Financial Position Analysis

Short Term Liabilities: 1809's short term assets (NT$2.1B) exceed its short term liabilities (NT$929.3M).

Long Term Liabilities: 1809's short term assets (NT$2.1B) exceed its long term liabilities (NT$278.7M).


Debt to Equity History and Analysis

Debt Level: 1809's net debt to equity ratio (2.1%) is considered satisfactory.

Reducing Debt: 1809's debt to equity ratio has increased from 11.7% to 22.8% over the past 5 years.

Debt Coverage: 1809's debt is well covered by operating cash flow (20.4%).

Interest Coverage: Insufficient data to determine if 1809's interest payments on its debt are well covered by EBIT.


Balance Sheet


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