Young Shine Electric Balance Sheet Health
Financial Health criteria checks 6/6
Young Shine Electric has a total shareholder equity of NT$935.3M and total debt of NT$7.5M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are NT$1.5B and NT$610.5M respectively. Young Shine Electric's EBIT is NT$306.0M making its interest coverage ratio -34.5. It has cash and short-term investments of NT$396.8M.
Key information
0.8%
Debt to equity ratio
NT$7.50m
Debt
Interest coverage ratio | -34.5x |
Cash | NT$396.77m |
Equity | NT$935.29m |
Total liabilities | NT$610.48m |
Total assets | NT$1.55b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2249's short term assets (NT$1.3B) exceed its short term liabilities (NT$577.2M).
Long Term Liabilities: 2249's short term assets (NT$1.3B) exceed its long term liabilities (NT$33.3M).
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 58% to 0.8% over the past 5 years.
Debt Coverage: 2249's debt is well covered by operating cash flow (4145.7%).
Interest Coverage: 2249 earns more interest than it pays, so coverage of interest payments is not a concern.