Ruentex MaterialsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Ruentex MaterialsLtd has a total shareholder equity of NT$2.6B and total debt of NT$3.5B, which brings its debt-to-equity ratio to 135.2%. Its total assets and total liabilities are NT$7.4B and NT$4.8B respectively. Ruentex MaterialsLtd's EBIT is NT$290.3M making its interest coverage ratio 7.1. It has cash and short-term investments of NT$300.3M.
Key information
135.2%
Debt to equity ratio
NT$3.52b
Debt
| Interest coverage ratio | 7.1x |
| Cash | NT$300.26m |
| Equity | NT$2.60b |
| Total liabilities | NT$4.82b |
| Total assets | NT$7.42b |
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$2.8B) exceed its short term liabilities (NT$2.3B).
Long Term Liabilities: 8463's short term assets (NT$2.8B) exceed its long term liabilities (NT$2.6B).
Debt to Equity History and Analysis
Debt Level: 8463's net debt to equity ratio (123.7%) is considered high.
Reducing Debt: 8463's debt to equity ratio has increased from 70.7% to 135.2% over the past 5 years.
Debt Coverage: 8463's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 8463's interest payments on its debt are well covered by EBIT (7.1x coverage).