Yung Zip Chemical Ind Balance Sheet Health
Financial Health criteria checks 5/6
Yung Zip Chemical Ind has a total shareholder equity of NT$748.9M and total debt of NT$128.7M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are NT$1.0B and NT$291.7M respectively. Yung Zip Chemical Ind's EBIT is NT$87.3M making its interest coverage ratio -10.6. It has cash and short-term investments of NT$171.3M.
Key information
17.2%
Debt to equity ratio
NT$128.73m
Debt
| Interest coverage ratio | -10.6x |
| Cash | NT$171.30m |
| Equity | NT$748.89m |
| Total liabilities | NT$291.71m |
| Total assets | NT$1.04b |
Recent financial health updates
Yung Zip Chemical Ind (GTSM:4102) Seems To Use Debt Quite Sensibly
Apr 29
Yung Zip Chemical Ind (GTSM:4102) Seems To Use Debt Quite Sensibly
Jan 28
Recent 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$457.7M) exceed its short term liabilities (NT$160.2M).
Long Term Liabilities: 4102's short term assets (NT$457.7M) exceed its long term liabilities (NT$131.5M).
Debt to Equity History and Analysis
Debt Level: 4102 has more cash than its total debt.
Reducing Debt: 4102's debt to equity ratio has increased from 13.8% to 17.2% over the past 5 years.
Debt Coverage: 4102's debt is well covered by operating cash flow (93.5%).
Interest Coverage: 4102 earns more interest than it pays, so coverage of interest payments is not a concern.