Cheng Shin Rubber Ind Balance Sheet Health
Financial Health criteria checks 6/6
Cheng Shin Rubber Ind has a total shareholder equity of NT$86.0B and total debt of NT$36.9B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are NT$141.6B and NT$55.6B respectively. Cheng Shin Rubber Ind's EBIT is NT$10.4B making its interest coverage ratio 26.2. It has cash and short-term investments of NT$25.7B.
Key information
42.9%
Debt to equity ratio
NT$36.88b
Debt
| Interest coverage ratio | 26.2x |
| Cash | NT$25.67b |
| Equity | NT$86.00b |
| Total liabilities | NT$55.59b |
| Total assets | NT$141.59b |
Recent financial health updates
Recent updates
Cheng Shin Rubber Ind's (TWSE:2105) Solid Earnings Have Been Accounted For Conservatively
Mar 22
Analyst 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 11
Can 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$57.3B) exceed its short term liabilities (NT$19.8B).
Long Term Liabilities: 2105's short term assets (NT$57.3B) exceed its long term liabilities (NT$35.8B).
Debt to Equity History and Analysis
Debt Level: 2105's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: 2105's debt to equity ratio has reduced from 91.3% to 42.9% over the past 5 years.
Debt Coverage: 2105's debt is well covered by operating cash flow (57.5%).
Interest Coverage: 2105's interest payments on its debt are well covered by EBIT (26.2x coverage).