China Steel Structure Balance Sheet Health
Financial Health criteria checks 4/6
China Steel Structure has a total shareholder equity of NT$5.3B and total debt of NT$4.3B, which brings its debt-to-equity ratio to 80.5%. Its total assets and total liabilities are NT$15.2B and NT$9.9B respectively. China Steel Structure's EBIT is NT$592.3M making its interest coverage ratio 7.5. It has cash and short-term investments of NT$286.3M.
Key information
80.5%
Debt to equity ratio
NT$4.29b
Debt
| Interest coverage ratio | 7.5x |
| Cash | NT$286.26m |
| Equity | NT$5.33b |
| Total liabilities | NT$9.90b |
| Total assets | NT$15.23b |
Recent financial health updates
Is China Steel Structure (TPE:2013) Using Too Much Debt?
Apr 29
Is China Steel Structure (TPE:2013) A Risky Investment?
Jan 29
Recent updates
Solid Earnings May Not Tell The Whole Story For China Steel Structure (TWSE:2013)
Nov 08China Steel Structure's (TWSE:2013) Dividend Will Be Increased To NT$1.90
Jun 13Is China Steel Structure (TPE:2013) Using Too Much Debt?
Apr 29Could China Steel Structure Co., Ltd. (TPE:2013) Have The Makings Of Another Dividend Aristocrat?
Mar 19China Steel Structure Co., Ltd.'s (TPE:2013) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Mar 01Is China Steel Structure (TPE:2013) Shrinking?
Feb 14Is China Steel Structure (TPE:2013) A Risky Investment?
Jan 29China Steel Structure's (TPE:2013) Earnings Are Growing But Is There More To The Story?
Jan 14China Steel Structure (TPE:2013) Shareholders Booked A 74% Gain In The Last Five Years
Dec 30China Steel Structure Co., Ltd. (TPE:2013) Has Got What It Takes To Be An Attractive Dividend Stock
Dec 15Is China Steel Structure Co., Ltd.'s(TPE:2013) Recent Stock Performance Tethered To Its Strong Fundamentals?
Nov 30Financial Position Analysis
Short Term Liabilities: 2013's short term assets (NT$10.9B) exceed its short term liabilities (NT$8.8B).
Long Term Liabilities: 2013's short term assets (NT$10.9B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 2013's net debt to equity ratio (75.2%) is considered high.
Reducing Debt: 2013's debt to equity ratio has reduced from 134.5% to 80.5% over the past 5 years.
Debt Coverage: 2013's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2013's interest payments on its debt are well covered by EBIT (7.5x coverage).