DingZing Advanced Materials Balance Sheet Health
Financial Health criteria checks 5/6
DingZing Advanced Materials has a total shareholder equity of NT$3.3B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are NT$5.3B and NT$2.0B respectively. DingZing Advanced Materials's EBIT is NT$538.3M making its interest coverage ratio 29.1. It has cash and short-term investments of NT$843.9M.
Key information
46.1%
Debt to equity ratio
NT$1.50b
Debt
Interest coverage ratio | 29.1x |
Cash | NT$843.85m |
Equity | NT$3.26b |
Total liabilities | NT$2.02b |
Total assets | NT$5.28b |
Recent financial health updates
No updates
Recent updates
Do DingZing Advanced Materials' (TWSE:6585) Earnings Warrant Your Attention?
Apr 30DingZing Advanced Materials (TWSE:6585) Shareholders Will Want The ROCE Trajectory To Continue
Apr 12DingZing Advanced Materials Inc. (TWSE:6585) Looks Just Right With A 27% Price Jump
Feb 28Is DingZing Advanced Materials Inc. (GTSM:6585) An Attractive Dividend Stock?
Mar 10DingZing Advanced Materials'(GTSM:6585) Share Price Is Down 11% Over The Past Three Years.
Jan 12Is DingZing Advanced Materials Inc. (GTSM:6585) A Risky Dividend Stock?
Nov 30Financial Position Analysis
Short Term Liabilities: 6585's short term assets (NT$2.0B) exceed its short term liabilities (NT$757.5M).
Long Term Liabilities: 6585's short term assets (NT$2.0B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 6585's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 6585's debt to equity ratio has increased from 39% to 46.1% over the past 5 years.
Debt Coverage: 6585's debt is well covered by operating cash flow (42.2%).
Interest Coverage: 6585's interest payments on its debt are well covered by EBIT (29.1x coverage).