Cheer Time Enterprise Balance Sheet Health
Financial Health criteria checks 4/6
Cheer Time Enterprise has a total shareholder equity of NT$625.2M and total debt of NT$128.1M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are NT$865.9M and NT$240.7M respectively.
Key information
20.5%
Debt to equity ratio
NT$128.06m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$137.05m |
| Equity | NT$625.22m |
| Total liabilities | NT$240.65m |
| Total assets | NT$865.87m |
Recent financial health updates
Here's Why Cheer Time Enterprise (TWSE:3229) Can Afford Some Debt
Oct 29
Is Cheer Time Enterprise (TPE:3229) A Risky Investment?
Apr 11We Think Cheer Time Enterprise Co (TPE:3229) Has A Fair Chunk Of Debt
Dec 27
Recent updates
Here's Why Cheer Time Enterprise (TWSE:3229) Can Afford Some Debt
Oct 29Positive Sentiment Still Eludes Cheer Time Enterprise Co., Ltd (TWSE:3229) Following 26% Share Price Slump
Aug 06Potential Upside For Cheer Time Enterprise Co., Ltd (TWSE:3229) Not Without Risk
Jun 03Is Cheer Time Enterprise (TPE:3229) A Risky Investment?
Apr 11We Think Cheer Time Enterprise Co (TPE:3229) Has A Fair Chunk Of Debt
Dec 27Financial Position Analysis
Short Term Liabilities: 3229's short term assets (NT$578.9M) exceed its short term liabilities (NT$223.4M).
Long Term Liabilities: 3229's short term assets (NT$578.9M) exceed its long term liabilities (NT$17.3M).
Debt to Equity History and Analysis
Debt Level: 3229 has more cash than its total debt.
Reducing Debt: 3229's debt to equity ratio has reduced from 30.2% to 20.5% over the past 5 years.
Debt Coverage: 3229's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: Insufficient data to determine if 3229's interest payments on its debt are well covered by EBIT.