Jung Shing Wire Balance Sheet Health
Financial Health criteria checks 4/6
Jung Shing Wire has a total shareholder equity of NT$2.1B and total debt of NT$911.5M, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are NT$3.2B and NT$1.2B respectively.
Key information
44.4%
Debt to equity ratio
NT$911.48m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.01b |
| Equity | NT$2.05b |
| Total liabilities | NT$1.18b |
| Total assets | NT$3.24b |
Recent financial health updates
Is Jung Shing Wire (TPE:1617) A Risky Investment?
Apr 04
Jung Shing Wire (TPE:1617) Could Easily Take On More Debt
Jan 04
Recent updates
There'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$2.0B) exceed its short term liabilities (NT$897.8M).
Long Term Liabilities: 1617's short term assets (NT$2.0B) exceed its long term liabilities (NT$285.4M).
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 53.1% to 44.4% over the past 5 years.
Debt Coverage: 1617's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: Insufficient data to determine if 1617's interest payments on its debt are well covered by EBIT.