Hsinjing Holding Balance Sheet Health
Financial Health criteria checks 0/6
Hsinjing Holding has a total shareholder equity of NT$668.4M and total debt of NT$1.6B, which brings its debt-to-equity ratio to 236.3%. Its total assets and total liabilities are NT$2.7B and NT$2.1B respectively. Hsinjing Holding's EBIT is NT$4.2M making its interest coverage ratio 0.3. It has cash and short-term investments of NT$135.5M.
Key information
236.3%
Debt to equity ratio
NT$1.58b
Debt
Interest coverage ratio | 0.3x |
Cash | NT$135.52m |
Equity | NT$668.40m |
Total liabilities | NT$2.07b |
Total assets | NT$2.74b |
Financial Position Analysis
Short Term Liabilities: 3713's short term assets (NT$875.9M) do not cover its short term liabilities (NT$1.1B).
Long Term Liabilities: 3713's short term assets (NT$875.9M) do not cover its long term liabilities (NT$937.1M).
Debt to Equity History and Analysis
Debt Level: 3713's net debt to equity ratio (216.1%) is considered high.
Reducing Debt: 3713's debt to equity ratio has increased from 1.5% to 236.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 3713 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 3713 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.