Kinik Balance Sheet Health
Financial Health criteria checks 5/6
Kinik has a total shareholder equity of NT$6.2B and total debt of NT$2.4B, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are NT$10.6B and NT$4.4B respectively. Kinik's EBIT is NT$1.0B making its interest coverage ratio -56.4. It has cash and short-term investments of NT$1.7B.
Key information
39.5%
Debt to equity ratio
NT$2.43b
Debt
| Interest coverage ratio | -56.4x |
| Cash | NT$1.70b |
| Equity | NT$6.16b |
| Total liabilities | NT$4.45b |
| Total assets | NT$10.61b |
Recent financial health updates
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
Kinik Company (TWSE:1560) Stocks Shoot Up 46% But Its P/E Still Looks Reasonable
Feb 26
Kinik (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$4.8B) exceed its short term liabilities (NT$3.1B).
Long Term Liabilities: 1560's short term assets (NT$4.8B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 1560's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: 1560's debt to equity ratio has increased from 16.4% to 39.5% over the past 5 years.
Debt Coverage: 1560's debt is well covered by operating cash flow (53.8%).
Interest Coverage: 1560 earns more interest than it pays, so coverage of interest payments is not a concern.