Daxin Materials Balance Sheet Health
Financial Health criteria checks 5/6
Daxin Materials has a total shareholder equity of NT$3.1B and total debt of NT$354.9M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are NT$4.6B and NT$1.5B respectively. Daxin Materials's EBIT is NT$610.8M making its interest coverage ratio -80.3. It has cash and short-term investments of NT$1.4B.
Key information
11.3%
Debt to equity ratio
NT$354.89m
Debt
| Interest coverage ratio | -80.3x |
| Cash | NT$1.40b |
| Equity | NT$3.13b |
| Total liabilities | NT$1.51b |
| Total assets | NT$4.64b |
Recent financial health updates
Is Daxin Materials (TPE:5234) A Risky Investment?
Mar 08
Daxin Materials (TPE:5234) Could Easily Take On More Debt
Dec 04
Recent updates
Estimating The Fair Value Of Daxin Materials Corporation (TWSE:5234)
Mar 19Optimistic Investors Push Daxin Materials Corporation (TWSE:5234) Shares Up 29% But Growth Is Lacking
Mar 04Be Wary Of Daxin Materials (TWSE:5234) And Its Returns On Capital
Mar 01An Intrinsic Calculation For Daxin Materials Corporation (TPE:5234) Suggests It's 50% Undervalued
Apr 13Daxin Materials (TPE:5234) Is Achieving High Returns On Its Capital
Mar 29Is Daxin Materials (TPE:5234) A Risky Investment?
Mar 08Is Daxin Materials Corporation (TPE:5234) A Great Dividend Stock?
Feb 16Shareholders of Daxin Materials (TPE:5234) Must Be Delighted With Their 311% Total Return
Jan 29The Trend Of High Returns At Daxin Materials (TPE:5234) Has Us Very Interested
Dec 22Daxin Materials (TPE:5234) Could Easily Take On More Debt
Dec 04Financial Position Analysis
Short Term Liabilities: 5234's short term assets (NT$2.9B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 5234's short term assets (NT$2.9B) exceed its long term liabilities (NT$419.8M).
Debt to Equity History and Analysis
Debt Level: 5234 has more cash than its total debt.
Reducing Debt: 5234's debt to equity ratio has increased from 1.1% to 11.3% over the past 5 years.
Debt Coverage: 5234's debt is well covered by operating cash flow (204.3%).
Interest Coverage: 5234 earns more interest than it pays, so coverage of interest payments is not a concern.