Advanced Echem Materials Balance Sheet Health
Financial Health criteria checks 3/6
Advanced Echem Materials has a total shareholder equity of NT$2.4B and total debt of NT$1.4B, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are NT$4.4B and NT$2.0B respectively. Advanced Echem Materials's EBIT is NT$224.8M making its interest coverage ratio 22. It has cash and short-term investments of NT$422.6M.
Key information
58.1%
Debt to equity ratio
NT$1.42b
Debt
| Interest coverage ratio | 22x |
| Cash | NT$422.64m |
| Equity | NT$2.44b |
| Total liabilities | NT$1.99b |
| Total assets | NT$4.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4749's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 4749's short term assets (NT$2.0B) exceed its long term liabilities (NT$779.5M).
Debt to Equity History and Analysis
Debt Level: 4749's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: 4749's debt to equity ratio has increased from 30.9% to 58.1% over the past 5 years.
Debt Coverage: 4749's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4749's interest payments on its debt are well covered by EBIT (22x coverage).