Jong Shyn Shipbuilding Balance Sheet Health
Financial Health criteria checks 1/6
Jong Shyn Shipbuilding has a total shareholder equity of NT$1.3B and total debt of NT$4.6B, which brings its debt-to-equity ratio to 346%. Its total assets and total liabilities are NT$8.7B and NT$7.3B respectively. Jong Shyn Shipbuilding's EBIT is NT$142.3M making its interest coverage ratio 1. It has cash and short-term investments of NT$2.0B.
Key information
346.0%
Debt to equity ratio
NT$4.64b
Debt
| Interest coverage ratio | 1x |
| Cash | NT$2.00b |
| Equity | NT$1.34b |
| Total liabilities | NT$7.32b |
| Total assets | NT$8.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2644's short term assets (NT$6.0B) do not cover its short term liabilities (NT$6.2B).
Long Term Liabilities: 2644's short term assets (NT$6.0B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 2644's net debt to equity ratio (196.7%) is considered high.
Reducing Debt: Insufficient data to determine if 2644's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2644's debt is not well covered by operating cash flow (10%).
Interest Coverage: 2644's interest payments on its debt are not well covered by EBIT (1x coverage).