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 65.1%. Its total assets and total liabilities are NT$6.1B and NT$3.5B respectively. Shieh Yih Machinery Industry's EBIT is NT$152.2M making its interest coverage ratio -2.5. It has cash and short-term investments of NT$3.1B.
Key information
65.1%
Debt to equity ratio
NT$1.68b
Debt
Interest coverage ratio | -2.5x |
Cash | NT$3.11b |
Equity | NT$2.58b |
Total liabilities | NT$3.47b |
Total assets | NT$6.05b |
Recent financial health updates
Recent updates
Estimating The Fair Value Of Shieh Yih Machinery Industry Co., Ltd. (GTSM:4533)
Apr 21Shieh 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 27Financial Position Analysis
Short Term Liabilities: 4533's short term assets (NT$4.9B) exceed its short term liabilities (NT$2.1B).
Long Term Liabilities: 4533's short term assets (NT$4.9B) exceed its long term liabilities (NT$1.4B).
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 39.9% to 65.1% over the past 5 years.
Debt Coverage: 4533's debt is not well covered by operating cash flow (4.1%).
Interest Coverage: 4533 earns more interest than it pays, so coverage of interest payments is not a concern.