Song Chuan Precision Balance Sheet Health
Financial Health criteria checks 5/6
Song Chuan Precision has a total shareholder equity of NT$4.7B and total debt of NT$2.4B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are NT$9.3B and NT$4.6B respectively. Song Chuan Precision's EBIT is NT$333.8M making its interest coverage ratio 8.4. It has cash and short-term investments of NT$1.9B.
Key information
50.7%
Debt to equity ratio
NT$2.41b
Debt
| Interest coverage ratio | 8.4x |
| Cash | NT$1.88b |
| Equity | NT$4.75b |
| Total liabilities | NT$4.59b |
| Total assets | NT$9.34b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 7788's short term assets (NT$5.4B) exceed its short term liabilities (NT$2.9B).
Long Term Liabilities: 7788's short term assets (NT$5.4B) exceed its long term liabilities (NT$1.7B).
Debt to Equity History and Analysis
Debt Level: 7788's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7788's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7788's debt is well covered by operating cash flow (28.6%).
Interest Coverage: 7788's interest payments on its debt are well covered by EBIT (8.4x coverage).