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$424.7M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are NT$4.7B and NT$1.6B respectively. Daxin Materials's EBIT is NT$577.7M making its interest coverage ratio -37.5. It has cash and short-term investments of NT$1.4B.
Key information
13.7%
Debt to equity ratio
NT$424.69m
Debt
| Interest coverage ratio | -37.5x |
| Cash | NT$1.41b |
| Equity | NT$3.10b |
| Total liabilities | NT$1.56b |
| Total assets | NT$4.67b |
Recent financial health updates
Daxin Materials (TWSE:5234) Has A Rock Solid Balance Sheet
Oct 23
Is Daxin Materials (TPE:5234) A Risky Investment?
Mar 08Daxin Materials (TPE:5234) Could Easily Take On More Debt
Dec 04
Recent updates
Is Now The Time To Look At Buying Daxin Materials Corporation (TWSE:5234)?
Nov 07Daxin Materials (TWSE:5234) Has A Rock Solid Balance Sheet
Oct 23Be Wary Of Daxin Materials (TWSE:5234) And Its Returns On Capital
Oct 07What Daxin Materials Corporation's (TWSE:5234) 26% Share Price Gain Is Not Telling You
Aug 30Daxin Materials' (TWSE:5234) Strong Earnings Are Of Good Quality
Aug 19Calculating The Intrinsic Value Of Daxin Materials Corporation (TWSE:5234)
Aug 13Daxin Materials (TWSE:5234) Will Pay A Larger Dividend Than Last Year At NT$4.10
May 31Estimating 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$3.0B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 5234's short term assets (NT$3.0B) exceed its long term liabilities (NT$435.6M).
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 1.9% to 13.7% over the past 5 years.
Debt Coverage: 5234's debt is well covered by operating cash flow (201.1%).
Interest Coverage: 5234 earns more interest than it pays, so coverage of interest payments is not a concern.