Sheh Fung ScrewsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sheh Fung ScrewsLtd has a total shareholder equity of NT$1.9B and total debt of NT$973.0M, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are NT$3.3B and NT$1.4B respectively. Sheh Fung ScrewsLtd's EBIT is NT$290.9M making its interest coverage ratio -19.2. It has cash and short-term investments of NT$446.6M.
Key information
51.4%
Debt to equity ratio
NT$973.03m
Debt
| Interest coverage ratio | -19.2x |
| Cash | NT$446.63m |
| Equity | NT$1.89b |
| Total liabilities | NT$1.43b |
| Total assets | NT$3.33b |
Recent financial health updates
Recent updates
What We Make Of Sheh Fung Screws' (GTSM:2065) Returns On Capital
Mar 07
Is 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 25
Sheh 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$1.6B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 2065's short term assets (NT$1.6B) exceed its long term liabilities (NT$353.4M).
Debt to Equity History and Analysis
Debt Level: 2065's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: 2065's debt to equity ratio has increased from 24.3% to 51.4% over the past 5 years.
Debt Coverage: 2065's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 2065 earns more interest than it pays, so coverage of interest payments is not a concern.