Jian Sin Industrial Balance Sheet Health
Financial Health criteria checks 2/6
Jian Sin Industrial has a total shareholder equity of NT$675.5M and total debt of NT$1.7B, which brings its debt-to-equity ratio to 251%. Its total assets and total liabilities are NT$2.7B and NT$2.0B respectively. Jian Sin Industrial's EBIT is NT$11.8M making its interest coverage ratio 0.2. It has cash and short-term investments of NT$214.6M.
Key information
251.0%
Debt to equity ratio
NT$1.70b
Debt
| Interest coverage ratio | 0.2x |
| Cash | NT$214.62m |
| Equity | NT$675.46m |
| Total liabilities | NT$2.00b |
| Total assets | NT$2.68b |
Financial Position Analysis
Short Term Liabilities: 4502's short term assets (NT$1.3B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 4502's short term assets (NT$1.3B) exceed its long term liabilities (NT$713.5M).
Debt to Equity History and Analysis
Debt Level: 4502's net debt to equity ratio (219.2%) is considered high.
Reducing Debt: 4502's debt to equity ratio has increased from 143.7% to 251% over the past 5 years.
Debt Coverage: 4502's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 4502's interest payments on its debt are not well covered by EBIT (0.2x coverage).