CHC Resources Balance Sheet Health
Financial Health criteria checks 4/6
CHC Resources has a total shareholder equity of NT$6.3B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are NT$12.3B and NT$6.0B respectively. CHC Resources's EBIT is NT$1.1B making its interest coverage ratio 16.2. It has cash and short-term investments of NT$697.2M.
Key information
35.5%
Debt to equity ratio
NT$2.23b
Debt
| Interest coverage ratio | 16.2x |
| Cash | NT$697.25m |
| Equity | NT$6.29b |
| Total liabilities | NT$5.99b |
| Total assets | NT$12.27b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9930's short term assets (NT$2.8B) do not cover its short term liabilities (NT$2.8B).
Long Term Liabilities: 9930's short term assets (NT$2.8B) do not cover its long term liabilities (NT$3.2B).
Debt to Equity History and Analysis
Debt Level: 9930's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: 9930's debt to equity ratio has reduced from 49% to 35.5% over the past 5 years.
Debt Coverage: 9930's debt is well covered by operating cash flow (71.1%).
Interest Coverage: 9930's interest payments on its debt are well covered by EBIT (16.2x coverage).