Sanyang Motor Balance Sheet Health
Financial Health criteria checks 5/6
Sanyang Motor has a total shareholder equity of NT$27.1B and total debt of NT$20.6B, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are NT$62.7B and NT$35.6B respectively. Sanyang Motor's EBIT is NT$6.2B making its interest coverage ratio -39.9. It has cash and short-term investments of NT$8.5B.
Key information
76.0%
Debt to equity ratio
NT$20.61b
Debt
Interest coverage ratio | -39.9x |
Cash | NT$8.53b |
Equity | NT$27.11b |
Total liabilities | NT$35.62b |
Total assets | NT$62.73b |
Recent financial health updates
Sanyang Motor (TPE:2206) Seems To Use Debt Quite Sensibly
Apr 13These 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 24These 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$29.5B) exceed its short term liabilities (NT$19.8B).
Long Term Liabilities: 2206's short term assets (NT$29.5B) exceed its long term liabilities (NT$15.9B).
Debt to Equity History and Analysis
Debt Level: 2206's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: 2206's debt to equity ratio has reduced from 86.7% to 76% over the past 5 years.
Debt Coverage: 2206's debt is well covered by operating cash flow (36.9%).
Interest Coverage: 2206 earns more interest than it pays, so coverage of interest payments is not a concern.