CHC Resources Balance Sheet Health
Financial Health criteria checks 5/6
CHC Resources has a total shareholder equity of NT$6.4B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are NT$11.9B and NT$5.6B respectively. CHC Resources's EBIT is NT$1.4B making its interest coverage ratio 24.3. It has cash and short-term investments of NT$812.5M.
Key information
35.2%
Debt to equity ratio
NT$2.25b
Debt
| Interest coverage ratio | 24.3x |
| Cash | NT$812.46m |
| Equity | NT$6.38b |
| Total liabilities | NT$5.57b |
| Total assets | NT$11.94b |
Recent financial health updates
Recent updates
CHC Resources (TWSE:9930) Is Increasing Its Dividend To NT$3.00
Jun 27
Solid Earnings Reflect CHC Resources' (TWSE:9930) Strength As A Business
May 10Some Investors May Be Worried About CHC Resources' (TPE:9930) Returns On Capital
Apr 07Here's Why CHC Resources (TPE:9930) Can Manage Its Debt Responsibly
Dec 18Our Take On The Returns On Capital At CHC Resources (TPE:9930)
Nov 19
Financial Position Analysis
Short Term Liabilities: 9930's short term assets (NT$2.9B) exceed its short term liabilities (NT$2.5B).
Long Term Liabilities: 9930's short term assets (NT$2.9B) do not cover its long term liabilities (NT$3.1B).
Debt to Equity History and Analysis
Debt Level: 9930's net debt to equity ratio (22.5%) is considered satisfactory.
Reducing Debt: 9930's debt to equity ratio has reduced from 54.2% to 35.2% over the past 5 years.
Debt Coverage: 9930's debt is well covered by operating cash flow (79.2%).
Interest Coverage: 9930's interest payments on its debt are well covered by EBIT (24.3x coverage).