Chang Wah Electromaterials Balance Sheet Health
Financial Health criteria checks 5/6
Chang Wah Electromaterials has a total shareholder equity of NT$19.5B and total debt of NT$11.4B, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are NT$36.3B and NT$16.7B respectively. Chang Wah Electromaterials's EBIT is NT$1.7B making its interest coverage ratio -2.4. It has cash and short-term investments of NT$9.9B.
Key information
58.4%
Debt to equity ratio
NT$11.41b
Debt
| Interest coverage ratio | -2.4x |
| Cash | NT$9.94b |
| Equity | NT$19.54b |
| Total liabilities | NT$16.73b |
| Total assets | NT$36.27b |
Recent financial health updates
Does Chang Wah Electromaterials (TPE:8070) Have A Healthy Balance Sheet?
Mar 12
Is Chang Wah Electromaterials (TPE:8070) Using Too Much Debt?
Nov 25Recent updates
Here's What's Concerning About Chang Wah Electromaterials' (TWSE:8070) Returns On Capital
Apr 24Chang Wah Electromaterials (TPE:8070) Is Doing The Right Things To Multiply Its Share Price
Apr 20Does Chang Wah Electromaterials (TPE:8070) Have A Healthy Balance Sheet?
Mar 12Is Chang Wah Electromaterials Inc. (TPE:8070) A Smart Pick For Income Investors?
Feb 10
Boasting A 17% Return On Equity, Is Chang Wah Electromaterials Inc. (TPE:8070) A Top Quality Stock?
Jan 20Is There More Growth In Store For Chang Wah Electromaterials' (TPE:8070) Returns On Capital?
Dec 30Only Three Days Left To Cash In On Chang Wah Electromaterials' (TPE:8070) Dividend
Dec 12Is Chang Wah Electromaterials (TPE:8070) Using Too Much Debt?
Nov 25Financial Position Analysis
Short Term Liabilities: 8070's short term assets (NT$15.7B) exceed its short term liabilities (NT$9.9B).
Long Term Liabilities: 8070's short term assets (NT$15.7B) exceed its long term liabilities (NT$6.8B).
Debt to Equity History and Analysis
Debt Level: 8070's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: 8070's debt to equity ratio has increased from 51.5% to 58.4% over the past 5 years.
Debt Coverage: 8070's debt is well covered by operating cash flow (30.2%).
Interest Coverage: 8070 earns more interest than it pays, so coverage of interest payments is not a concern.