National Petroleum Balance Sheet Health
Financial Health criteria checks 4/6
National Petroleum has a total shareholder equity of NT$5.5B and total debt of NT$5.8M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are NT$12.4B and NT$6.9B respectively. National Petroleum's EBIT is NT$816.4M making its interest coverage ratio 216.7. It has cash and short-term investments of NT$691.8M.
Key information
0.1%
Debt to equity ratio
NT$5.76m
Debt
| Interest coverage ratio | 216.7x |
| Cash | NT$691.79m |
| Equity | NT$5.55b |
| Total liabilities | NT$6.87b |
| Total assets | NT$12.41b |
Financial Position Analysis
Short Term Liabilities: 9937's short term assets (NT$1.1B) do not cover its short term liabilities (NT$4.8B).
Long Term Liabilities: 9937's short term assets (NT$1.1B) do not cover its long term liabilities (NT$2.0B).
Debt to Equity History and Analysis
Debt Level: 9937 has more cash than its total debt.
Reducing Debt: 9937's debt to equity ratio has reduced from 0.2% to 0.1% over the past 5 years.
Debt Coverage: 9937's debt is well covered by operating cash flow (25199.7%).
Interest Coverage: 9937's interest payments on its debt are well covered by EBIT (216.7x coverage).