CHC Resources Balance Sheet Health
Financial Health criteria checks 5/6
CHC Resources has a total shareholder equity of NT$6.6B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are NT$11.9B and NT$5.4B respectively. CHC Resources's EBIT is NT$1.2B making its interest coverage ratio 20.3. It has cash and short-term investments of NT$819.4M.
Key information
25.9%
Debt to equity ratio
NT$1.70b
Debt
| Interest coverage ratio | 20.3x |
| Cash | NT$819.39m |
| Equity | NT$6.56b |
| Total liabilities | NT$5.36b |
| Total assets | NT$11.92b |
Recent financial health updates
Recent updates
Solid Earnings Reflect CHC Resources' (TWSE:9930) Strength As A Business
May 10
Some 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$2.6B) exceed its short term liabilities (NT$2.6B).
Long Term Liabilities: 9930's short term assets (NT$2.6B) do not cover its long term liabilities (NT$2.8B).
Debt to Equity History and Analysis
Debt Level: 9930's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: 9930's debt to equity ratio has reduced from 43.4% to 25.9% over the past 5 years.
Debt Coverage: 9930's debt is well covered by operating cash flow (140.7%).
Interest Coverage: 9930's interest payments on its debt are well covered by EBIT (20.3x coverage).