Mayer Steel Pipe Balance Sheet Health
Financial Health criteria checks 6/6
Mayer Steel Pipe has a total shareholder equity of NT$4.4B and total debt of NT$1.8B, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are NT$8.3B and NT$3.9B respectively. Mayer Steel Pipe's EBIT is NT$481.3M making its interest coverage ratio 34. It has cash and short-term investments of NT$999.6M.
Key information
41.9%
Debt to equity ratio
NT$1.83b
Debt
| Interest coverage ratio | 34x |
| Cash | NT$999.56m |
| Equity | NT$4.38b |
| Total liabilities | NT$3.91b |
| Total assets | NT$8.28b |
Recent financial health updates
We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt
Apr 08
Is Mayer Steel Pipe (TPE:2020) A Risky Investment?
Jan 06Recent updates
Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00
May 10Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00
Apr 26We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings
Mar 21Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00
Mar 15We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt
Apr 08How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?
Mar 24Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)
Mar 03Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?
Feb 16Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?
Feb 01Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?
Jan 19
Is Mayer Steel Pipe (TPE:2020) A Risky Investment?
Jan 06Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?
Dec 24We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability
Dec 11Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)
Nov 28Financial Position Analysis
Short Term Liabilities: 2020's short term assets (NT$5.1B) exceed its short term liabilities (NT$3.1B).
Long Term Liabilities: 2020's short term assets (NT$5.1B) exceed its long term liabilities (NT$834.2M).
Debt to Equity History and Analysis
Debt Level: 2020's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: 2020's debt to equity ratio has reduced from 51.3% to 41.9% over the past 5 years.
Debt Coverage: 2020's debt is well covered by operating cash flow (40.3%).
Interest Coverage: 2020's interest payments on its debt are well covered by EBIT (34x coverage).