Young Shine Electric Balance Sheet Health
Financial Health criteria checks 6/6
Young Shine Electric has a total shareholder equity of NT$804.6M and total debt of NT$22.5M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are NT$1.6B and NT$818.3M respectively. Young Shine Electric's EBIT is NT$235.9M making its interest coverage ratio -69. It has cash and short-term investments of NT$456.5M.
Key information
2.8%
Debt to equity ratio
NT$22.50m
Debt
Interest coverage ratio | -69x |
Cash | NT$456.49m |
Equity | NT$804.59m |
Total liabilities | NT$818.28m |
Total assets | NT$1.62b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2249's short term assets (NT$1.4B) exceed its short term liabilities (NT$754.1M).
Long Term Liabilities: 2249's short term assets (NT$1.4B) exceed its long term liabilities (NT$64.2M).
Debt to Equity History and Analysis
Debt Level: 2249 has more cash than its total debt.
Reducing Debt: 2249's debt to equity ratio has reduced from 69.3% to 2.8% over the past 5 years.
Debt Coverage: 2249's debt is well covered by operating cash flow (2002.2%).
Interest Coverage: 2249 earns more interest than it pays, so coverage of interest payments is not a concern.