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).