Shieh Yih Machinery Industry Balance Sheet Health
Financial Health criteria checks 4/6
Shieh Yih Machinery Industry has a total shareholder equity of NT$2.6B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are NT$6.3B and NT$3.7B respectively. Shieh Yih Machinery Industry's EBIT is NT$112.8M making its interest coverage ratio -1.4. It has cash and short-term investments of NT$3.3B.
Key information
64.5%
Debt to equity ratio
NT$1.69b
Debt
| Interest coverage ratio | -1.4x |
| Cash | NT$3.29b |
| Equity | NT$2.62b |
| Total liabilities | NT$3.71b |
| Total assets | NT$6.34b |
Recent financial health updates
Recent updates
Estimating The Fair Value Of Shieh Yih Machinery Industry Co., Ltd. (GTSM:4533)
Apr 21
Shieh Yih Machinery Industry (GTSM:4533) Share Prices Have Dropped 29% In The Last Five Years
Mar 17Is Shieh Yih Machinery Industry (GTSM:4533) Using Too Much Debt?
Jan 19Did You Miss Shieh Yih Machinery Industry's (GTSM:4533) 11% Share Price Gain?
Nov 27
Financial Position Analysis
Short Term Liabilities: 4533's short term assets (NT$5.2B) exceed its short term liabilities (NT$2.5B).
Long Term Liabilities: 4533's short term assets (NT$5.2B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 4533 has more cash than its total debt.
Reducing Debt: 4533's debt to equity ratio has increased from 42% to 64.5% over the past 5 years.
Debt Coverage: 4533's debt is not well covered by operating cash flow (20%).
Interest Coverage: 4533 earns more interest than it pays, so coverage of interest payments is not a concern.