Hsin Yung Chien Balance Sheet Health
Financial Health criteria checks 5/6
Hsin Yung Chien has a total shareholder equity of NT$2.9B and total debt of NT$394.8M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are NT$3.6B and NT$672.8M respectively. Hsin Yung Chien's EBIT is NT$483.9M making its interest coverage ratio -20.4. It has cash and short-term investments of NT$1.6B.
Key information
13.6%
Debt to equity ratio
NT$394.76m
Debt
| Interest coverage ratio | -20.4x |
| Cash | NT$1.58b |
| Equity | NT$2.89b |
| Total liabilities | NT$672.83m |
| Total assets | NT$3.57b |
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$2.0B) exceed its short term liabilities (NT$325.8M).
Long Term Liabilities: 2114's short term assets (NT$2.0B) exceed its long term liabilities (NT$347.0M).
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 13.6% over the past 5 years.
Debt Coverage: 2114's debt is well covered by operating cash flow (126%).
Interest Coverage: 2114 earns more interest than it pays, so coverage of interest payments is not a concern.