Jung Shing Wire Balance Sheet Health
Financial Health criteria checks 5/6
Jung Shing Wire has a total shareholder equity of NT$2.3B and total debt of NT$975.3M, which brings its debt-to-equity ratio to 42.4%. Its total assets and total liabilities are NT$3.7B and NT$1.4B respectively. Jung Shing Wire's EBIT is NT$24.9M making its interest coverage ratio -4.7. It has cash and short-term investments of NT$1.2B.
Key information
42.4%
Debt to equity ratio
NT$975.29m
Debt
| Interest coverage ratio | -4.7x |
| Cash | NT$1.16b |
| Equity | NT$2.30b |
| Total liabilities | NT$1.40b |
| Total assets | NT$3.69b |
Recent financial health updates
Jung Shing Wire (TWSE:1617) Has A Pretty Healthy Balance Sheet
Sep 09
Is Jung Shing Wire (TPE:1617) A Risky Investment?
Apr 04Jung Shing Wire (TPE:1617) Could Easily Take On More Debt
Jan 04
Recent updates
Jung Shing Wire (TWSE:1617) Has A Pretty Healthy Balance Sheet
Sep 09Jung Shing Wire (TWSE:1617) Will Pay A Smaller Dividend Than Last Year
Jul 26Jung Shing Wire (TWSE:1617) Will Pay A Dividend Of NT$0.30
Jul 12There's No Escaping Jung Shing Wire Co., Ltd.'s (TWSE:1617) Muted Revenues Despite A 25% Share Price Rise
Apr 15Is Jung Shing Wire (TPE:1617) A Risky Investment?
Apr 04Can Jung Shing Wire (TPE:1617) Continue To Grow Its Returns On Capital?
Mar 17Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Is Going Strong: Have Financials A Role To Play?
Feb 27Is Jung Shing Wire Co., Ltd. (TPE:1617) An Attractive Dividend Stock?
Feb 09Shareholders Of Jung Shing Wire (TPE:1617) Must Be Happy With Their 166% Total Return
Jan 22Jung Shing Wire (TPE:1617) Could Easily Take On More Debt
Jan 04What We Make Of Jung Shing Wire's (TPE:1617) Returns On Capital
Dec 17Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Nov 29Financial Position Analysis
Short Term Liabilities: 1617's short term assets (NT$2.5B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 1617's short term assets (NT$2.5B) exceed its long term liabilities (NT$75.1M).
Debt to Equity History and Analysis
Debt Level: 1617 has more cash than its total debt.
Reducing Debt: 1617's debt to equity ratio has reduced from 45.4% to 42.4% over the past 5 years.
Debt Coverage: 1617's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1617 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 21:45 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jung Shing Wire Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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