Chaintech Technology Balance Sheet Health
Financial Health criteria checks 5/6
Chaintech Technology has a total shareholder equity of NT$2.5B and total debt of NT$196.7M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are NT$3.7B and NT$1.1B respectively. Chaintech Technology's EBIT is NT$225.1M making its interest coverage ratio -15.9. It has cash and short-term investments of NT$1.1B.
Key information
7.8%
Debt to equity ratio
NT$196.74m
Debt
| Interest coverage ratio | -15.9x |
| Cash | NT$1.12b |
| Equity | NT$2.52b |
| Total liabilities | NT$1.14b |
| Total assets | NT$3.66b |
Recent financial health updates
Is Chaintech Technology (TPE:2425) Using Too Much Debt?
Apr 04
We Think Chaintech Technology (TPE:2425) Can Manage Its Debt With Ease
Dec 27
Recent updates
Is Chaintech Technology (TPE:2425) Using Too Much Debt?
Apr 04Our Take On The Returns On Capital At Chaintech Technology (TPE:2425)
Mar 14Update: Chaintech Technology (TPE:2425) Stock Gained 27% In The Last Five Years
Feb 22Is Chaintech Technology Corporation's (TPE:2425) Stock On A Downtrend As A Result Of Its Poor Financials?
Feb 04Do Investors Have Good Reason To Be Wary Of Chaintech Technology Corporation's (TPE:2425) 1.1% Dividend Yield?
Jan 20We Think Chaintech Technology (TPE:2425) Can Manage Its Debt With Ease
Dec 27What Do The Returns On Capital At Chaintech Technology (TPE:2425) Tell Us?
Dec 12Are Chaintech Technology's (TPE:2425) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 26Financial Position Analysis
Short Term Liabilities: 2425's short term assets (NT$3.1B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 2425's short term assets (NT$3.1B) exceed its long term liabilities (NT$51.3M).
Debt to Equity History and Analysis
Debt Level: 2425 has more cash than its total debt.
Reducing Debt: 2425's debt to equity ratio has increased from 0% to 7.8% over the past 5 years.
Debt Coverage: 2425's debt is well covered by operating cash flow (49.4%).
Interest Coverage: 2425 earns more interest than it pays, so coverage of interest payments is not a concern.