Hsin Yung Chien Balance Sheet Health
Financial Health criteria checks 5/6
Hsin Yung Chien has a total shareholder equity of NT$3.2B and total debt of NT$393.2M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are NT$3.9B and NT$685.8M respectively. Hsin Yung Chien's EBIT is NT$516.0M making its interest coverage ratio -21.6. It has cash and short-term investments of NT$1.9B.
Key information
12.3%
Debt to equity ratio
NT$393.19m
Debt
| Interest coverage ratio | -21.6x |
| Cash | NT$1.94b |
| Equity | NT$3.19b |
| Total liabilities | NT$685.84m |
| Total assets | NT$3.87b |
Recent financial health updates
No updates
Recent updates
Is Now The Time To Put Hsin Yung Chien (TPE:2114) On Your Watchlist?
Mar 28
Returns On Capital At Hsin Yung Chien (TPE:2114) Paint An Interesting Picture
Mar 10Shareholders Of Hsin Yung Chien (TPE:2114) Must Be Happy With Their 62% Return
Feb 17Hsin Yung Chien Co., Ltd.'s (TPE:2114) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Jan 23Are Dividend Investors Getting More Than They Bargained For With Hsin Yung Chien Co., Ltd.'s (TPE:2114) Dividend?
Dec 31What Do The Returns On Capital At Hsin Yung Chien (TPE:2114) Tell Us?
Dec 10Did You Participate In Any Of Hsin Yung Chien's (TPE:2114) Respectable 51% Return?
Nov 19Financial Position Analysis
Short Term Liabilities: 2114's short term assets (NT$2.3B) exceed its short term liabilities (NT$337.2M).
Long Term Liabilities: 2114's short term assets (NT$2.3B) exceed its long term liabilities (NT$348.7M).
Debt to Equity History and Analysis
Debt Level: 2114 has more cash than its total debt.
Reducing Debt: 2114's debt to equity ratio has increased from 0% to 12.3% over the past 5 years.
Debt Coverage: 2114's debt is well covered by operating cash flow (123.2%).
Interest Coverage: 2114 earns more interest than it pays, so coverage of interest payments is not a concern.