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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 13:25 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Iron Force Industrial Co., Ltd. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zhizhong Chen | Capital Securities Corporation |
| Sheng-Kuo Shih | Jih Sun Securities Investment Consulting Co., Ltd. |
| Liangyu Ko | Masterlink Securities Corp. |