Space Shuttle Hi-Tech Balance Sheet Health
Financial Health criteria checks 4/6
Space Shuttle Hi-Tech has a total shareholder equity of NT$1.2B and total debt of NT$707.7M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are NT$2.2B and NT$937.0M respectively.
Key information
57.4%
Debt to equity ratio
NT$707.74m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$449.78m |
| Equity | NT$1.23b |
| Total liabilities | NT$936.99m |
| Total assets | NT$2.17b |
Recent financial health updates
Recent updates
Space Shuttle Hi-Tech Co., Ltd. (TWSE:2440) Held Back By Insufficient Growth Even After Shares Climb 26%
Apr 19
Space Shuttle Hi-Tech's (TPE:2440) Returns On Capital Are Heading Higher
Apr 01Here's Why Space Shuttle Hi-Tech (TPE:2440) Has A Meaningful Debt Burden
Mar 06Space Shuttle Hi-Tech (TPE:2440) Shareholders Have Enjoyed A 49% Share Price Gain
Feb 08Is Space Shuttle Hi-Tech Co., Ltd.'s(TPE:2440) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 18Will The ROCE Trend At Space Shuttle Hi-Tech (TPE:2440) Continue?
Dec 28Financial Position Analysis
Short Term Liabilities: 2440's short term assets (NT$1.7B) exceed its short term liabilities (NT$829.1M).
Long Term Liabilities: 2440's short term assets (NT$1.7B) exceed its long term liabilities (NT$107.9M).
Debt to Equity History and Analysis
Debt Level: 2440's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: 2440's debt to equity ratio has reduced from 99.7% to 57.4% over the past 5 years.
Debt Coverage: 2440's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2440's interest payments on its debt are well covered by EBIT.