Sanyang Motor Balance Sheet Health
Financial Health criteria checks 5/6
Sanyang Motor has a total shareholder equity of NT$25.4B and total debt of NT$22.2B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are NT$62.8B and NT$37.4B respectively. Sanyang Motor's EBIT is NT$6.1B making its interest coverage ratio -26.8. It has cash and short-term investments of NT$9.8B.
Key information
87.2%
Debt to equity ratio
NT$22.15b
Debt
| Interest coverage ratio | -26.8x |
| Cash | NT$9.82b |
| Equity | NT$25.39b |
| Total liabilities | NT$37.38b |
| Total assets | NT$62.78b |
Recent financial health updates
Sanyang Motor (TPE:2206) Seems To Use Debt Quite Sensibly
Apr 13
These 4 Measures Indicate That Sanyang Motor (TPE:2206) Is Using Debt Extensively
Jan 07Recent updates
Is Now The Time To Put Sanyang Motor (TWSE:2206) On Your Watchlist?
Apr 16Sanyang Motor (TWSE:2206) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 23Fewer Investors Than Expected Jumping On Sanyang Motor Co., Ltd. (TWSE:2206)
Mar 01Sanyang Motor's (TPE:2206) Returns On Capital Are Heading Higher
May 01Sanyang Motor (TPE:2206) Seems To Use Debt Quite Sensibly
Apr 13Does It Make Sense To Buy Sanyang Motor Co., Ltd. (TPE:2206) For Its Yield?
Mar 08Sanyang Motor (TPE:2206) Shareholders Have Enjoyed A 55% Share Price Gain
Feb 09Will Sanyang Motor's (TPE:2206) Growth In ROCE Persist?
Jan 24
These 4 Measures Indicate That Sanyang Motor (TPE:2206) Is Using Debt Extensively
Jan 07Should We Be Delighted With Sanyang Motor Co., Ltd.'s (TPE:2206) ROE Of 11%?
Dec 23How Does Sanyang Motor Co., Ltd. (TPE:2206) Fare As A Dividend Stock?
Dec 08Are Sanyang Motor's (TPE:2206) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 25Financial Position Analysis
Short Term Liabilities: 2206's short term assets (NT$30.1B) exceed its short term liabilities (NT$20.2B).
Long Term Liabilities: 2206's short term assets (NT$30.1B) exceed its long term liabilities (NT$17.1B).
Debt to Equity History and Analysis
Debt Level: 2206's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: 2206's debt to equity ratio has reduced from 106.4% to 87.2% over the past 5 years.
Debt Coverage: 2206's debt is well covered by operating cash flow (31.3%).
Interest Coverage: 2206 earns more interest than it pays, so coverage of interest payments is not a concern.