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$165.0M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are NT$1.2B and NT$213.8M respectively. Chia Ta World's EBIT is NT$5.8M making its interest coverage ratio 4.8. It has cash and short-term investments of NT$89.3M.
Key information
16.0%
Debt to equity ratio
NT$164.99m
Debt
| Interest coverage ratio | 4.8x |
| Cash | NT$89.30m |
| Equity | NT$1.03b |
| Total liabilities | NT$213.78m |
| Total assets | NT$1.25b |
Recent financial health updates
Chia Ta World (TPE:2033) Seems To Use Debt Rather Sparingly
Apr 26
Is Chia Ta World (TPE:2033) A Risky Investment?
Jan 22Recent updates
Chia Ta World (TPE:2033) Seems To Use Debt Rather Sparingly
Apr 26What We Make Of Chia Ta World's (TPE:2033) Returns On Capital
Mar 10Here's Why We Don't Think Chia Ta World's (TPE:2033) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 12Is Chia Ta World (TPE:2033) A Risky Investment?
Jan 22Are You An Income Investor? Don't Miss Out On Chia Ta World Co., Ltd. (TPE:2033)
Jan 01Do Its Financials Have Any Role To Play In Driving Chia Ta World Co., Ltd.'s (TPE:2033) Stock Up Recently?
Dec 11Returns On Capital - An Important Metric For Chia Ta World (TPE:2033)
Nov 20Financial Position Analysis
Short Term Liabilities: 2033's short term assets (NT$497.2M) exceed its short term liabilities (NT$197.3M).
Long Term Liabilities: 2033's short term assets (NT$497.2M) exceed its long term liabilities (NT$16.5M).
Debt to Equity History and Analysis
Debt Level: 2033's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: 2033's debt to equity ratio has reduced from 21.2% to 16% over the past 5 years.
Debt Coverage: 2033's debt is well covered by operating cash flow (23.2%).
Interest Coverage: 2033's interest payments on its debt are well covered by EBIT (4.8x coverage).