Cheng Mei Materials Technology Balance Sheet Health
Financial Health criteria checks 4/6
Cheng Mei Materials Technology has a total shareholder equity of NT$9.0B and total debt of NT$4.3B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are NT$14.5B and NT$5.6B respectively.
Key information
48.4%
Debt to equity ratio
NT$4.33b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.63b |
| Equity | NT$8.96b |
| Total liabilities | NT$5.58b |
| Total assets | NT$14.54b |
Financial Position Analysis
Short Term Liabilities: 4960's short term assets (NT$9.8B) exceed its short term liabilities (NT$5.4B).
Long Term Liabilities: 4960's short term assets (NT$9.8B) exceed its long term liabilities (NT$166.1M).
Debt to Equity History and Analysis
Debt Level: 4960's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: 4960's debt to equity ratio has reduced from 73.8% to 48.4% over the past 5 years.
Debt Coverage: 4960's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4960's interest payments on its debt are well covered by EBIT.