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$4.5M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are NT$12.3B and NT$6.9B respectively. National Petroleum's EBIT is NT$781.0M making its interest coverage ratio 32.6. It has cash and short-term investments of NT$313.3M.
Key information
0.08%
Debt to equity ratio
NT$4.47m
Debt
| Interest coverage ratio | 32.6x |
| Cash | NT$313.27m |
| Equity | NT$5.49b |
| Total liabilities | NT$6.85b |
| Total assets | NT$12.35b |
Recent financial health updates
Recent updates
National Petroleum (TWSE:9937) Has Announced A Dividend Of NT$2.10
Jul 18
National Petroleum (TWSE:9937) Is Due To Pay A Dividend Of NT$2.10
Jul 04National Petroleum's (TWSE:9937) Solid Profits Have Weak Fundamentals
May 21Shareholders Of National Petroleum (TPE:9937) Must Be Happy With Their 81% Return
Dec 18Does National Petroleum (TPE:9937) Have A Healthy Balance Sheet?
Nov 26
Financial Position Analysis
Short Term Liabilities: 9937's short term assets (NT$756.8M) do not cover its short term liabilities (NT$4.7B).
Long Term Liabilities: 9937's short term assets (NT$756.8M) do not cover its long term liabilities (NT$2.1B).
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 25.2% to 0.08% over the past 5 years.
Debt Coverage: 9937's debt is well covered by operating cash flow (26285.5%).
Interest Coverage: 9937's interest payments on its debt are well covered by EBIT (32.6x coverage).