BenQ Materials Balance Sheet Health
Financial Health criteria checks 3/6
BenQ Materials has a total shareholder equity of NT$8.8B and total debt of NT$6.3B, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are NT$20.6B and NT$11.8B respectively. BenQ Materials's EBIT is NT$591.7M making its interest coverage ratio 6.7. It has cash and short-term investments of NT$1.4B.
Key information
71.8%
Debt to equity ratio
NT$6.29b
Debt
| Interest coverage ratio | 6.7x |
| Cash | NT$1.44b |
| Equity | NT$8.76b |
| Total liabilities | NT$11.80b |
| Total assets | NT$20.56b |
Recent financial health updates
Recent updates
At NT$30.05, Is It Time To Put BenQ Materials Corporation (TPE:8215) On Your Watch List?
Feb 11
If You Had Bought BenQ Materials (TPE:8215) Stock A Year Ago, You Could Pocket A 66% Gain Today
Jan 28
BenQ Materials (TPE:8215) Takes On Some Risk With Its Use Of Debt
Dec 30Is BenQ Materials (TPE:8215) Set To Make A Turnaround?
Dec 15Should You Buy BenQ Materials Corporation (TPE:8215) For Its Dividend?
Nov 30Does BenQ Materials's (TPE:8215) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 18Financial Position Analysis
Short Term Liabilities: 8215's short term assets (NT$8.4B) exceed its short term liabilities (NT$6.5B).
Long Term Liabilities: 8215's short term assets (NT$8.4B) exceed its long term liabilities (NT$5.3B).
Debt to Equity History and Analysis
Debt Level: 8215's net debt to equity ratio (55.4%) is considered high.
Reducing Debt: 8215's debt to equity ratio has increased from 50.2% to 71.8% over the past 5 years.
Debt Coverage: 8215's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 8215's interest payments on its debt are well covered by EBIT (6.7x coverage).