Iron Force Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Iron Force Industrial has a total shareholder equity of NT$5.0B and total debt of NT$353.1M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are NT$6.6B and NT$1.6B respectively. Iron Force Industrial's EBIT is NT$585.2M making its interest coverage ratio -23.8. It has cash and short-term investments of NT$1.5B.
Key information
7.0%
Debt to equity ratio
NT$353.14m
Debt
| Interest coverage ratio | -23.8x |
| Cash | NT$1.49b |
| Equity | NT$5.03b |
| Total liabilities | NT$1.57b |
| Total assets | NT$6.60b |
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$4.1B) exceed its short term liabilities (NT$731.9M).
Long Term Liabilities: 2228's short term assets (NT$4.1B) exceed its long term liabilities (NT$839.6M).
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 reduced from 11.9% to 7% over the past 5 years.
Debt Coverage: 2228's debt is well covered by operating cash flow (34.7%).
Interest Coverage: 2228 earns more interest than it pays, so coverage of interest payments is not a concern.