China Glaze Co.,Ltd.

TWSE:1809 Stock Report

Market Cap: NT$3.5b

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$720.2M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are NT$4.5B and NT$1.1B respectively. China GlazeLtd's EBIT is NT$8.7M making its interest coverage ratio -2.3. It has cash and short-term investments of NT$585.3M.

Key information

21.4%

Debt to equity ratio

NT$720.22m

Debt

Interest coverage ratio-2.3x
CashNT$585.30m
EquityNT$3.36b
Total liabilitiesNT$1.14b
Total assetsNT$4.50b

Recent financial health updates

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

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

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

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

Recent updates

Investors Shouldn't Be Too Comfortable With China GlazeLtd's (TWSE:1809) Earnings

Nov 21
Investors Shouldn't Be Too Comfortable With China GlazeLtd's (TWSE:1809) Earnings

China Glaze Co.,Ltd.'s (TWSE:1809) 30% Jump Shows Its Popularity With Investors

May 23
China Glaze Co.,Ltd.'s (TWSE:1809) 30% Jump Shows Its Popularity With Investors

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$2.0B) exceed its short term liabilities (NT$923.2M).

Long Term Liabilities: 1809's short term assets (NT$2.0B) exceed its long term liabilities (NT$216.7M).

Debt to Equity History and Analysis

Debt Level: 1809's net debt to equity ratio (4%) is considered satisfactory.

Reducing Debt: 1809's debt to equity ratio has increased from 14% to 21.4% over the past 5 years.

Debt Coverage: 1809's debt is not well covered by operating cash flow (18.3%).

Interest Coverage: 1809 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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