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$2.1B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are NT$12.1B and NT$4.3B respectively. Sunspring Metal's EBIT is NT$601.6M making its interest coverage ratio -1302.1. It has cash and short-term investments of NT$1.4B.
Key information
26.8%
Debt to equity ratio
NT$2.09b
Debt
| Interest coverage ratio | -1302.1x |
| Cash | NT$1.39b |
| Equity | NT$7.79b |
| Total liabilities | NT$4.27b |
| Total assets | NT$12.06b |
Recent financial health updates
Recent updates
Shareholders Will Be Pleased With The Quality of Sunspring Metal's (TWSE:2062) Earnings
Aug 08
Sunspring 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$5.9B) exceed its short term liabilities (NT$2.9B).
Long Term Liabilities: 2062's short term assets (NT$5.9B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 2062's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: 2062's debt to equity ratio has reduced from 98.8% to 26.8% over the past 5 years.
Debt Coverage: 2062's debt is well covered by operating cash flow (82.1%).
Interest Coverage: 2062 earns more interest than it pays, so coverage of interest payments is not a concern.