Kinik Balance Sheet Health
Financial Health criteria checks 6/6
Kinik has a total shareholder equity of NT$7.2B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are NT$10.6B and NT$3.4B respectively. Kinik's EBIT is NT$1.1B making its interest coverage ratio -59.4. It has cash and short-term investments of NT$1.7B.
Key information
30.0%
Debt to equity ratio
NT$2.16b
Debt
| Interest coverage ratio | -59.4x |
| Cash | NT$1.66b |
| Equity | NT$7.19b |
| Total liabilities | NT$3.42b |
| Total assets | NT$10.61b |
Recent financial health updates
Does Kinik (TWSE:1560) Have A Healthy Balance Sheet?
Oct 21
We Think Kinik (TPE:1560) Can Stay On Top Of Its Debt
Feb 16
We Think Kinik (TPE:1560) Can Stay On Top Of Its Debt
Nov 18Recent updates
Does Kinik (TWSE:1560) Have A Healthy Balance Sheet?
Oct 21Kinik Company's (TWSE:1560) P/E Still Appears To Be Reasonable
Sep 12Kinik Company (TWSE:1560) Stocks Shoot Up 46% But Its P/E Still Looks Reasonable
Feb 26Kinik (TPE:1560) Will Will Want To Turn Around Its Return Trends
Mar 31Kinik Company's (TPE:1560) Stock Is Going Strong: Have Financials A Role To Play?
Mar 10We Think Kinik (TPE:1560) Can Stay On Top Of Its Debt
Feb 16Did You Participate In Any Of Kinik's (TPE:1560) Respectable 77% Return?
Jan 21Has Kinik (TPE:1560) Got What It Takes To Become A Multi-Bagger?
Dec 31Is Kinik Company's (TPE:1560) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Dec 10We Think Kinik (TPE:1560) Can Stay On Top Of Its Debt
Nov 18Financial Position Analysis
Short Term Liabilities: 1560's short term assets (NT$4.9B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 1560's short term assets (NT$4.9B) exceed its long term liabilities (NT$2.1B).
Debt to Equity History and Analysis
Debt Level: 1560's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 1560's debt to equity ratio has reduced from 38.7% to 30% over the past 5 years.
Debt Coverage: 1560's debt is well covered by operating cash flow (61.5%).
Interest Coverage: 1560 earns more interest than it pays, so coverage of interest payments is not a concern.