Yung Zip Chemical Ind Balance Sheet Health
Financial Health criteria checks 5/6
Yung Zip Chemical Ind has a total shareholder equity of NT$707.8M and total debt of NT$150.0M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are NT$990.3M and NT$282.5M respectively. Yung Zip Chemical Ind's EBIT is NT$56.0M making its interest coverage ratio -6.3. It has cash and short-term investments of NT$124.1M.
Key information
21.2%
Debt to equity ratio
NT$149.97m
Debt
Interest coverage ratio | -6.3x |
Cash | NT$124.11m |
Equity | NT$707.78m |
Total liabilities | NT$282.49m |
Total assets | NT$990.27m |
Recent financial health updates
Yung Zip Chemical Ind (GTSM:4102) Seems To Use Debt Quite Sensibly
Apr 29Yung Zip Chemical Ind (GTSM:4102) Seems To Use Debt Quite Sensibly
Jan 28Recent updates
Yung Zip Chemical Ind (GTSM:4102) Seems To Use Debt Quite Sensibly
Apr 29Yung Zip Chemical Ind. Co., Ltd.'s (GTSM:4102) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Mar 04Yung Zip Chemical Ind (GTSM:4102) Seems To Use Debt Quite Sensibly
Jan 28Are Yung Zip Chemical Ind's (GTSM:4102) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 22Should Weakness in Yung Zip Chemical Ind. Co., Ltd.'s (GTSM:4102) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Nov 25Financial Position Analysis
Short Term Liabilities: 4102's short term assets (NT$425.7M) exceed its short term liabilities (NT$134.7M).
Long Term Liabilities: 4102's short term assets (NT$425.7M) exceed its long term liabilities (NT$147.8M).
Debt to Equity History and Analysis
Debt Level: 4102's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: 4102's debt to equity ratio has increased from 16.8% to 21.2% over the past 5 years.
Debt Coverage: 4102's debt is well covered by operating cash flow (64.5%).
Interest Coverage: 4102 earns more interest than it pays, so coverage of interest payments is not a concern.