Cheng Mei Materials Technology Balance Sheet Health
Financial Health criteria checks 4/6
Cheng Mei Materials Technology has a total shareholder equity of NT$9.2B and total debt of NT$3.3B, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are NT$14.2B and NT$5.0B respectively.
Key information
36.1%
Debt to equity ratio
NT$3.32b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$4.14b |
| Equity | NT$9.18b |
| Total liabilities | NT$5.03b |
| Total assets | NT$14.21b |
Financial Position Analysis
Short Term Liabilities: 4960's short term assets (NT$9.6B) exceed its short term liabilities (NT$3.9B).
Long Term Liabilities: 4960's short term assets (NT$9.6B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 4960 has more cash than its total debt.
Reducing Debt: 4960's debt to equity ratio has reduced from 62.1% to 36.1% 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.