Ruentex MaterialsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ruentex MaterialsLtd has a total shareholder equity of NT$3.1B and total debt of NT$3.5B, which brings its debt-to-equity ratio to 114.4%. Its total assets and total liabilities are NT$8.3B and NT$5.2B respectively. Ruentex MaterialsLtd's EBIT is NT$408.7M making its interest coverage ratio 10.9. It has cash and short-term investments of NT$934.6M.
Key information
114.4%
Debt to equity ratio
NT$3.52b
Debt
| Interest coverage ratio | 10.9x |
| Cash | NT$934.61m |
| Equity | NT$3.08b |
| Total liabilities | NT$5.20b |
| Total assets | NT$8.28b |
Recent financial health updates
No updates
Recent updates
Ruentex MaterialsLtd (TWSE:8463) Is Experiencing Growth In Returns On Capital
Apr 19
Ruentex MaterialsLtd (TPE:8463) Will Be Looking To Turn Around Its Returns
Apr 21Factors Income Investors Should Consider Before Adding Ruentex Materials Co.,Ltd. (TPE:8463) To Their Portfolio
Feb 19A Closer Look At Ruentex Materials Co.,Ltd.'s (TPE:8463) Uninspiring ROE
Jan 21
Investors Who Bought Ruentex MaterialsLtd (TPE:8463) Shares Three Years Ago Are Now Up 113%
Dec 16Looking For Steady Income For Your Dividend Portfolio? Is Ruentex Materials Co.,Ltd. (TPE:8463) A Good Fit?
Nov 18Financial Position Analysis
Short Term Liabilities: 8463's short term assets (NT$3.4B) exceed its short term liabilities (NT$3.1B).
Long Term Liabilities: 8463's short term assets (NT$3.4B) exceed its long term liabilities (NT$2.1B).
Debt to Equity History and Analysis
Debt Level: 8463's net debt to equity ratio (84.1%) is considered high.
Reducing Debt: 8463's debt to equity ratio has increased from 76.5% to 114.4% over the past 5 years.
Debt Coverage: 8463's debt is well covered by operating cash flow (26%).
Interest Coverage: 8463's interest payments on its debt are well covered by EBIT (10.9x coverage).