Chip Hope Balance Sheet Health
Financial Health criteria checks 5/6
Chip Hope has a total shareholder equity of NT$550.1M and total debt of NT$190.0M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are NT$1.1B and NT$567.8M respectively. Chip Hope's EBIT is NT$20.3M making its interest coverage ratio 1.5. It has cash and short-term investments of NT$197.3M.
Key information
34.5%
Debt to equity ratio
NT$190.01m
Debt
Interest coverage ratio | 1.5x |
Cash | NT$197.28m |
Equity | NT$550.08m |
Total liabilities | NT$567.85m |
Total assets | NT$1.12b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8084's short term assets (NT$679.5M) exceed its short term liabilities (NT$320.3M).
Long Term Liabilities: 8084's short term assets (NT$679.5M) exceed its long term liabilities (NT$247.5M).
Debt to Equity History and Analysis
Debt Level: 8084 has more cash than its total debt.
Reducing Debt: 8084's debt to equity ratio has reduced from 57.2% to 34.5% over the past 5 years.
Debt Coverage: 8084's debt is well covered by operating cash flow (157.8%).
Interest Coverage: 8084's interest payments on its debt are not well covered by EBIT (1.5x coverage).