DingZing Advanced Materials Balance Sheet Health
Financial Health criteria checks 6/6
DingZing Advanced Materials has a total shareholder equity of NT$3.8B and total debt of NT$993.0M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are NT$5.4B and NT$1.5B respectively. DingZing Advanced Materials's EBIT is NT$874.2M making its interest coverage ratio 114.6. It has cash and short-term investments of NT$794.4M.
Key information
26.0%
Debt to equity ratio
NT$993.01m
Debt
| Interest coverage ratio | 114.6x |
| Cash | NT$794.38m |
| Equity | NT$3.82b |
| Total liabilities | NT$1.54b |
| Total assets | NT$5.35b |
Recent financial health updates
No updates
Recent updates
DingZing Advanced Materials' (TWSE:6585) Upcoming Dividend Will Be Larger Than Last Year's
Jun 02
DingZing Advanced Materials Inc. (TWSE:6585) Could Be Riskier Than It Looks
May 30Do 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$2.1B) exceed its short term liabilities (NT$663.3M).
Long Term Liabilities: 6585's short term assets (NT$2.1B) exceed its long term liabilities (NT$872.3M).
Debt to Equity History and Analysis
Debt Level: 6585's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 6585's debt to equity ratio has reduced from 34.5% to 26% over the past 5 years.
Debt Coverage: 6585's debt is well covered by operating cash flow (97.6%).
Interest Coverage: 6585's interest payments on its debt are well covered by EBIT (114.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 22:17 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
DingZing Advanced Materials Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexis Chen | Masterlink Securities Corp. |
| Yuhan Cheng | Masterlink Securities Corp. |
| Jia-hong Yeh | SinoPac Securities Investment Service |