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
We Think Cheng Shin Rubber Ind (TWSE:2105) Can Manage Its Debt With Ease
Jul 17
We Think Cheng Shin Rubber Ind (TPE:2105) Can Stay On Top Of Its Debt
Feb 11
Recent updates
Returns 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 29The Returns On Capital At Cheng Shin Rubber Ind (TPE:2105) Don't Inspire Confidence
Mar 14Are Dividend Investors Making A Mistake With Cheng Shin Rubber Ind. Co., Ltd. (TPE:2105)?
Feb 26We Think Cheng Shin Rubber Ind (TPE:2105) Can Stay On Top Of Its Debt
Feb 11Can Cheng Shin Rubber Ind. Co., Ltd.'s (TPE:2105) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Jan 27Cheng Shin Rubber Ind's(TPE:2105) Share Price Is Down 17% Over The Past Three Years.
Jan 12What Percentage Of Cheng Shin Rubber Ind. Co., Ltd. (TPE:2105) Shares Do Insiders Own?
Dec 28What These Trends Mean At Cheng Shin Rubber Ind (TPE:2105)
Dec 13Should You Buy Cheng Shin Rubber Ind. Co., Ltd. (TPE:2105) For Its Dividend?
Nov 28Financial 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.