Sunspring Metal Balance Sheet Health
Financial Health criteria checks 6/6
Sunspring Metal has a total shareholder equity of NT$7.8B and total debt of NT$2.0B, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are NT$11.6B and NT$3.7B respectively. Sunspring Metal's EBIT is NT$583.0M making its interest coverage ratio -50. It has cash and short-term investments of NT$1.1B.
Key information
25.2%
Debt to equity ratio
NT$1.97b
Debt
| Interest coverage ratio | -50x |
| Cash | NT$1.08b |
| Equity | NT$7.81b |
| Total liabilities | NT$3.74b |
| Total assets | NT$11.56b |
Recent financial health updates
Is Sunspring Metal (TWSE:2062) A Risky Investment?
Oct 30
Is Sunspring Metal (TPE:2062) Weighed On By Its Debt Load?
Feb 26Recent updates
Is Sunspring Metal (TWSE:2062) A Risky Investment?
Oct 30Further Upside For Sunspring Metal Corporation (TWSE:2062) Shares Could Introduce Price Risks After 35% Bounce
Aug 16Shareholders Will Be Pleased With The Quality of Sunspring Metal's (TWSE:2062) Earnings
Aug 08Sunspring Metal's (TWSE:2062) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 22Sunspring Metal (TWSE:2062) Is Reducing Its Dividend To NT$0.80
Jun 19Sunspring Metal's (TWSE:2062) Dividend Is Being Reduced To NT$0.80
Jun 05Is Sunspring Metal (TPE:2062) Weighed On By Its Debt Load?
Feb 26Sunspring Metal's (TPE:2062) Stock Price Has Reduced 39% In The Past Five Years
Jan 05Financial Position Analysis
Short Term Liabilities: 2062's short term assets (NT$5.5B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 2062's short term assets (NT$5.5B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 2062's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: 2062's debt to equity ratio has reduced from 100.5% to 25.2% over the past 5 years.
Debt Coverage: 2062's debt is well covered by operating cash flow (72.5%).
Interest Coverage: 2062 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 | 2024/12/22 21:07 |
| End of Day Share Price | 2024/12/20 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
Sunspring Metal Corporation is covered by 7 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 |
|---|---|
| Qihui Li | Barclays |
| Pinjing Zeng | Capital Securities Corporation |
| Frank Lin | CLSA |