Center Laboratories Balance Sheet Health
Financial Health criteria checks 4/6
Center Laboratories has a total shareholder equity of NT$20.2B and total debt of NT$5.6B, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are NT$27.0B and NT$6.8B respectively. Center Laboratories's EBIT is NT$78.6M making its interest coverage ratio -0.5. It has cash and short-term investments of NT$3.4B.
Key information
27.7%
Debt to equity ratio
NT$5.59b
Debt
| Interest coverage ratio | -0.5x |
| Cash | NT$3.42b |
| Equity | NT$20.22b |
| Total liabilities | NT$6.79b |
| Total assets | NT$27.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4123's short term assets (NT$5.1B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 4123's short term assets (NT$5.1B) exceed its long term liabilities (NT$4.9B).
Debt to Equity History and Analysis
Debt Level: 4123's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 4123's debt to equity ratio has increased from 18.5% to 27.7% over the past 5 years.
Debt Coverage: 4123's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4123 earns more interest than it pays, so coverage of interest payments is not a concern.