Iron Force Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Iron Force Industrial has a total shareholder equity of NT$4.4B and total debt of NT$419.8M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are NT$6.1B and NT$1.8B respectively. Iron Force Industrial's EBIT is NT$560.9M making its interest coverage ratio -25.6. It has cash and short-term investments of NT$1.7B.
Key information
9.6%
Debt to equity ratio
NT$419.76m
Debt
| Interest coverage ratio | -25.6x |
| Cash | NT$1.67b |
| Equity | NT$4.36b |
| Total liabilities | NT$1.77b |
| Total assets | NT$6.14b |
Recent financial health updates
Iron Force Industrial (TPE:2228) Seems To Use Debt Quite Sensibly
Mar 14
Is Iron Force Industrial (TPE:2228) Using Too Much Debt?
Dec 14
Recent updates
Iron Force Industrial's (TWSE:2228) Earnings Offer More Than Meets The Eye
Mar 15Iron Force Industrial (TPE:2228) Seems To Use Debt Quite Sensibly
Mar 14Here's What To Make Of Iron Force Industrial's (TPE:2228) Returns On Capital
Feb 17Is Iron Force Industrial Co., Ltd. (TPE:2228) An Attractive Dividend Stock?
Feb 04What Type Of Returns Would Iron Force Industrial's(TPE:2228) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 22What Is The Ownership Structure Like For Iron Force Industrial Co., Ltd. (TPE:2228)?
Jan 09Iron Force Industrial Co., Ltd.'s (TPE:2228) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Dec 27Is Iron Force Industrial (TPE:2228) Using Too Much Debt?
Dec 14Are Iron Force Industrial's (TPE:2228) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 01We're Watching These Trends At Iron Force Industrial (TPE:2228)
Nov 18Financial Position Analysis
Short Term Liabilities: 2228's short term assets (NT$4.0B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 2228's short term assets (NT$4.0B) exceed its long term liabilities (NT$640.9M).
Debt to Equity History and Analysis
Debt Level: 2228 has more cash than its total debt.
Reducing Debt: 2228's debt to equity ratio has increased from 1.9% to 9.6% over the past 5 years.
Debt Coverage: 2228's debt is well covered by operating cash flow (308%).
Interest Coverage: 2228 earns more interest than it pays, so coverage of interest payments is not a concern.