Qualipoly Chemical Balance Sheet Health
Financial Health criteria checks 3/6
Qualipoly Chemical has a total shareholder equity of NT$3.0B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are NT$5.3B and NT$2.3B respectively. Qualipoly Chemical's EBIT is NT$260.5M making its interest coverage ratio -11.3. It has cash and short-term investments of NT$250.5M.
Key information
58.3%
Debt to equity ratio
NT$1.75b
Debt
| Interest coverage ratio | -11.3x |
| Cash | NT$250.47m |
| Equity | NT$3.00b |
| Total liabilities | NT$2.29b |
| Total assets | NT$5.29b |
Recent financial health updates
We Think Qualipoly Chemical (TWSE:4722) Can Stay On Top Of Its Debt
Sep 23
Is Qualipoly Chemical (TPE:4722) Using Too Much Debt?
Mar 16Qualipoly Chemical (TPE:4722) Could Easily Take On More Debt
Dec 13Recent updates
We Think Qualipoly Chemical (TWSE:4722) Can Stay On Top Of Its Debt
Sep 23Some Investors May Be Worried About Qualipoly Chemical's (TWSE:4722) Returns On Capital
Aug 07Qualipoly Chemical Corp. (TWSE:4722) Investors Are Less Pessimistic Than Expected
Jul 01Qualipoly Chemical's (TWSE:4722) Dividend Is Being Reduced To NT$1.00
May 21Here's What You Should Know About Qualipoly Chemical Corporation's (TPE:4722) 5.8% Dividend Yield
Apr 04Is Qualipoly Chemical (TPE:4722) Using Too Much Debt?
Mar 16Here's What's Concerning About Qualipoly Chemical (TPE:4722)
Feb 26Is Qualipoly Chemical Corporation's (TPE:4722) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 08Does Qualipoly Chemical's (TPE:4722) Share Price Gain of 12% Match Its Business Performance?
Jan 21Is Qualipoly Chemical Corporation (TPE:4722) A Smart Pick For Income Investors?
Jan 04Qualipoly Chemical (TPE:4722) Could Easily Take On More Debt
Dec 13Is Qualipoly Chemical (TPE:4722) Struggling?
Nov 23
Financial Position Analysis
Short Term Liabilities: 4722's short term assets (NT$2.4B) exceed its short term liabilities (NT$976.6M).
Long Term Liabilities: 4722's short term assets (NT$2.4B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 4722's net debt to equity ratio (50%) is considered high.
Reducing Debt: 4722's debt to equity ratio has increased from 14.6% to 58.3% over the past 5 years.
Debt Coverage: 4722's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4722 earns more interest than it pays, so coverage of interest payments is not a concern.