Cheng Shin Rubber Ind Balance Sheet Health
Financial Health criteria checks 6/6
Cheng Shin Rubber Ind has a total shareholder equity of NT$89.9B and total debt of NT$37.0B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are NT$145.8B and NT$55.9B respectively. Cheng Shin Rubber Ind's EBIT is NT$11.2B making its interest coverage ratio -270.5. It has cash and short-term investments of NT$28.8B.
Key information
41.1%
Debt to equity ratio
NT$36.98b
Debt
| Interest coverage ratio | -270.5x |
| Cash | NT$28.84b |
| Equity | NT$89.92b |
| Total liabilities | NT$55.86b |
| Total assets | NT$145.78b |
Recent financial health updates
These 4 Measures Indicate That Cheng Shin Rubber Ind (TWSE:2105) Is Using Debt Safely
Dec 31
We Think Cheng Shin Rubber Ind (TWSE:2105) Can Manage Its Debt With Ease
Jul 17Recent updates
These 4 Measures Indicate That Cheng Shin Rubber Ind (TWSE:2105) Is Using Debt Safely
Dec 31Risks To Shareholder Returns Are Elevated At These Prices For Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105)
Dec 15Do Cheng Shin Rubber Ind's (TWSE:2105) Earnings Warrant Your Attention?
Nov 29Returns Are Gaining Momentum At Cheng Shin Rubber Ind (TWSE:2105)
Nov 12Getting In Cheap On Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) Might Be Difficult
Aug 29There's Been No Shortage Of Growth Recently For Cheng Shin Rubber Ind's (TWSE:2105) Returns On Capital
Aug 01We Think Cheng Shin Rubber Ind (TWSE:2105) Can Manage Its Debt With Ease
Jul 17Are Investors Undervaluing Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) By 29%?
Jul 02Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
May 24Cheng Shin Rubber Ind's (TWSE:2105) Upcoming Dividend Will Be Larger Than Last Year's
May 21Returns At Cheng Shin Rubber Ind (TWSE:2105) Are On The Way Up
Apr 26Cheng Shin Rubber Ind's (TWSE:2105) Solid Earnings Have Been Accounted For Conservatively
Mar 22Analyst Estimates: Here's What Brokers Think Of Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) After Its Yearly Report
Mar 17Take Care Before Diving Into The Deep End On Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105)
Feb 29Financial Position Analysis
Short Term Liabilities: 2105's short term assets (NT$61.4B) exceed its short term liabilities (NT$25.3B).
Long Term Liabilities: 2105's short term assets (NT$61.4B) exceed its long term liabilities (NT$30.5B).
Debt to Equity History and Analysis
Debt Level: 2105's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 2105's debt to equity ratio has reduced from 84.2% to 41.1% over the past 5 years.
Debt Coverage: 2105's debt is well covered by operating cash flow (53.3%).
Interest Coverage: 2105 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 14:39 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cheng Shin Rubber Ind. Co., Ltd. is covered by 23 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Changming Yeh | Barclays |
| Jim Hung | BNP Paribas Securities (Asia) |
| Jenny Tsai | BNP Paribas Securities (Asia) |