Advanced Echem Materials Company Limited

TPEX:4749 Stock Report

Market Cap: NT$57.4b

Advanced Echem Materials Balance Sheet Health

Financial Health criteria checks 5/6

Advanced Echem Materials has a total shareholder equity of NT$2.8B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are NT$5.1B and NT$2.3B respectively. Advanced Echem Materials's EBIT is NT$489.4M making its interest coverage ratio 68.3. It has cash and short-term investments of NT$521.9M.

Key information

54.0%

Debt to equity ratio

NT$1.49b

Debt

Interest coverage ratio68.3x
CashNT$521.85m
EquityNT$2.77b
Total liabilitiesNT$2.34b
Total assetsNT$5.11b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 4749's short term assets (NT$1.9B) exceed its short term liabilities (NT$1.2B).

Long Term Liabilities: 4749's short term assets (NT$1.9B) exceed its long term liabilities (NT$1.2B).


Debt to Equity History and Analysis

Debt Level: 4749's net debt to equity ratio (35.1%) is considered satisfactory.

Reducing Debt: 4749's debt to equity ratio has increased from 28.3% to 54% over the past 5 years.

Debt Coverage: 4749's debt is well covered by operating cash flow (53.4%).

Interest Coverage: 4749's interest payments on its debt are well covered by EBIT (68.3x coverage).


Balance Sheet


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