Chian Hsing Forging Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Chian Hsing Forging Industrial has a total shareholder equity of NT$2.2B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are NT$3.9B and NT$1.6B respectively. Chian Hsing Forging Industrial's EBIT is NT$84.9M making its interest coverage ratio 3.4. It has cash and short-term investments of NT$640.8M.
Key information
57.5%
Debt to equity ratio
NT$1.29b
Debt
| Interest coverage ratio | 3.4x |
| Cash | NT$640.79m |
| Equity | NT$2.24b |
| Total liabilities | NT$1.63b |
| Total assets | NT$3.87b |
Recent financial health updates
We Think Chian Hsing Forging Industrial (GTSM:4528) Can Stay On Top Of Its Debt
Mar 15
Is Chian Hsing Forging Industrial (GTSM:4528) A Risky Investment?
Dec 13
Recent updates
Here's What's Concerning About Chian Hsing Forging Industrial's (GTSM:4528) Returns On Capital
Apr 30We Think Chian Hsing Forging Industrial (GTSM:4528) Can Stay On Top Of Its Debt
Mar 15At NT$50.10, Is Chian Hsing Forging Industrial Co., Ltd. (GTSM:4528) Worth Looking At Closely?
Feb 28How Much Did Chian Hsing Forging Industrial's(GTSM:4528) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 11Is Chian Hsing Forging Industrial (GTSM:4528) Likely To Turn Things Around?
Jan 27Consider This Before Buying Chian Hsing Forging Industrial Co., Ltd. (GTSM:4528) For The 3.4% Dividend
Jan 12Chian Hsing Forging Industrial Co., Ltd.'s (GTSM:4528) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 28Is Chian Hsing Forging Industrial (GTSM:4528) A Risky Investment?
Dec 13At NT$49.10, Is It Time To Put Chian Hsing Forging Industrial Co., Ltd. (GTSM:4528) On Your Watch List?
Nov 29Financial Position Analysis
Short Term Liabilities: 4528's short term assets (NT$1.4B) exceed its short term liabilities (NT$863.1M).
Long Term Liabilities: 4528's short term assets (NT$1.4B) exceed its long term liabilities (NT$769.6M).
Debt to Equity History and Analysis
Debt Level: 4528's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: 4528's debt to equity ratio has reduced from 63.2% to 57.5% over the past 5 years.
Debt Coverage: 4528's debt is well covered by operating cash flow (44.5%).
Interest Coverage: 4528's interest payments on its debt are well covered by EBIT (3.4x coverage).