China Steel Balance Sheet Health
Financial Health criteria checks 3/6
China Steel has a total shareholder equity of NT$342.3B and total debt of NT$250.9B, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are NT$678.8B and NT$336.5B respectively. China Steel's EBIT is NT$3.5B making its interest coverage ratio 4.1. It has cash and short-term investments of NT$37.3B.
Key information
73.3%
Debt to equity ratio
NT$250.87b
Debt
| Interest coverage ratio | 4.1x |
| Cash | NT$37.34b |
| Equity | NT$342.25b |
| Total liabilities | NT$336.51b |
| Total assets | NT$678.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHSTC's short term assets (NT$197.4B) exceed its short term liabilities (NT$167.7B).
Long Term Liabilities: CHSTC's short term assets (NT$197.4B) exceed its long term liabilities (NT$168.8B).
Debt to Equity History and Analysis
Debt Level: CHSTC's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: CHSTC's debt to equity ratio has increased from 69.1% to 73.3% over the past 5 years.
Debt Coverage: CHSTC's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: CHSTC's interest payments on its debt are well covered by EBIT (4.1x coverage).