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 ratio | 68.3x |
| Cash | NT$521.85m |
| Equity | NT$2.77b |
| Total liabilities | NT$2.34b |
| Total assets | NT$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).