Chia Ta World Co., Ltd.

TWSE:2033 Stock Report

Market Cap: NT$1.8b

Chia Ta World Balance Sheet Health

Financial Health criteria checks 6/6

Chia Ta World has a total shareholder equity of NT$1.0B and total debt of NT$145.0M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are NT$1.2B and NT$202.6M respectively. Chia Ta World's EBIT is NT$11.9M making its interest coverage ratio 11.3. It has cash and short-term investments of NT$67.6M.

Key information

14.0%

Debt to equity ratio

NT$145.00m

Debt

Interest coverage ratio11.3x
CashNT$67.59m
EquityNT$1.04b
Total liabilitiesNT$202.56m
Total assetsNT$1.24b

Recent financial health updates

Chia Ta World (TPE:2033) Seems To Use Debt Rather Sparingly

Apr 26
Chia Ta World (TPE:2033) Seems To Use Debt Rather Sparingly

Is Chia Ta World (TPE:2033) A Risky Investment?

Jan 22
Is Chia Ta World (TPE:2033) A Risky Investment?

Recent updates

There's Reason For Concern Over Chia Ta World Co., Ltd.'s (TWSE:2033) Massive 34% Price Jump

Sep 19
There's Reason For Concern Over Chia Ta World Co., Ltd.'s (TWSE:2033) Massive 34% Price Jump

Chia Ta World (TPE:2033) Seems To Use Debt Rather Sparingly

Apr 26
Chia Ta World (TPE:2033) Seems To Use Debt Rather Sparingly

What We Make Of Chia Ta World's (TPE:2033) Returns On Capital

Mar 10
What We Make Of Chia Ta World's (TPE:2033) Returns On Capital

Here's Why We Don't Think Chia Ta World's (TPE:2033) Statutory Earnings Reflect Its Underlying Earnings Potential

Feb 12
Here's Why We Don't Think Chia Ta World's (TPE:2033) Statutory Earnings Reflect Its Underlying Earnings Potential

Is Chia Ta World (TPE:2033) A Risky Investment?

Jan 22
Is Chia Ta World (TPE:2033) A Risky Investment?

Are You An Income Investor? Don't Miss Out On Chia Ta World Co., Ltd. (TPE:2033)

Jan 01
Are You An Income Investor? Don't Miss Out On Chia Ta World Co., Ltd. (TPE:2033)

Do Its Financials Have Any Role To Play In Driving Chia Ta World Co., Ltd.'s (TPE:2033) Stock Up Recently?

Dec 11
Do Its Financials Have Any Role To Play In Driving Chia Ta World Co., Ltd.'s (TPE:2033) Stock Up Recently?

Returns On Capital - An Important Metric For Chia Ta World (TPE:2033)

Nov 20
Returns On Capital - An Important Metric For Chia Ta World (TPE:2033)

Financial Position Analysis

Short Term Liabilities: 2033's short term assets (NT$487.5M) exceed its short term liabilities (NT$186.2M).

Long Term Liabilities: 2033's short term assets (NT$487.5M) exceed its long term liabilities (NT$16.4M).

Debt to Equity History and Analysis

Debt Level: 2033's net debt to equity ratio (7.5%) is considered satisfactory.

Reducing Debt: 2033's debt to equity ratio has reduced from 17.7% to 14% over the past 5 years.

Debt Coverage: 2033's debt is well covered by operating cash flow (22.7%).

Interest Coverage: 2033's interest payments on its debt are well covered by EBIT (11.3x coverage).

Balance Sheet

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