Sheh Fung ScrewsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sheh Fung ScrewsLtd has a total shareholder equity of NT$1.7B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are NT$3.4B and NT$1.7B respectively. Sheh Fung ScrewsLtd's EBIT is NT$317.2M making its interest coverage ratio -15.9. It has cash and short-term investments of NT$411.0M.
Key information
68.2%
Debt to equity ratio
NT$1.16b
Debt
Interest coverage ratio | -15.9x |
Cash | NT$410.96m |
Equity | NT$1.69b |
Total liabilities | NT$1.70b |
Total assets | NT$3.39b |
Recent financial health updates
Recent updates
What We Make Of Sheh Fung Screws' (GTSM:2065) Returns On Capital
Mar 07Is Sheh Fung Screws (GTSM:2065) Using Too Much Debt?
Feb 14Shareholders Of Sheh Fung Screws (GTSM:2065) Must Be Happy With Their 145% Total Return
Jan 25Sheh Fung Screws Co., Ltd. (GTSM:2065) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 07Does Sheh Fung Screws's (GTSM:2065) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 21Is There More Growth In Store For Sheh Fung Screws' (GTSM:2065) Returns On Capital?
Dec 03Financial Position Analysis
Short Term Liabilities: 2065's short term assets (NT$1.5B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 2065's short term assets (NT$1.5B) exceed its long term liabilities (NT$363.7M).
Debt to Equity History and Analysis
Debt Level: 2065's net debt to equity ratio (44%) is considered high.
Reducing Debt: 2065's debt to equity ratio has increased from 16.5% to 68.2% over the past 5 years.
Debt Coverage: 2065's debt is well covered by operating cash flow (41.3%).
Interest Coverage: 2065 earns more interest than it pays, so coverage of interest payments is not a concern.