BES Engineering Balance Sheet Health
Financial Health criteria checks 3/6
BES Engineering has a total shareholder equity of NT$23.3B and total debt of NT$18.0B, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are NT$56.0B and NT$32.8B respectively. BES Engineering's EBIT is NT$931.6M making its interest coverage ratio 7. It has cash and short-term investments of NT$5.4B.
Key information
77.1%
Debt to equity ratio
NT$17.96b
Debt
| Interest coverage ratio | 7x |
| Cash | NT$5.42b |
| Equity | NT$23.30b |
| Total liabilities | NT$32.75b |
| Total assets | NT$56.05b |
Recent financial health updates
Does BES Engineering (TWSE:2515) Have A Healthy Balance Sheet?
Apr 23
BES Engineering (TPE:2515) Takes On Some Risk With Its Use Of Debt
Feb 25BES Engineering (TPE:2515) Has A Somewhat Strained Balance Sheet
Nov 24
Recent updates
Does BES Engineering (TWSE:2515) Have A Healthy Balance Sheet?
Apr 23BES Engineering Corporation (TWSE:2515) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Apr 02We Think That There Are More Issues For BES Engineering (TWSE:2515) Than Just Sluggish Earnings
Mar 22Here's What's Concerning About BES Engineering (TPE:2515)
Mar 18BES Engineering (TPE:2515) Takes On Some Risk With Its Use Of Debt
Feb 25Is BES Engineering Corporation (TPE:2515) A Smart Choice For Dividend Investors?
Feb 04Should You Rely On BES Engineering's (TPE:2515) Earnings Growth?
Jan 17Shareholders Of BES Engineering (TPE:2515) Must Be Happy With Their 71% Return
Dec 30Returns On Capital Tell Us A Lot About BES Engineering (TPE:2515)
Dec 12BES Engineering (TPE:2515) Has A Somewhat Strained Balance Sheet
Nov 24Financial Position Analysis
Short Term Liabilities: 2515's short term assets (NT$47.7B) exceed its short term liabilities (NT$20.2B).
Long Term Liabilities: 2515's short term assets (NT$47.7B) exceed its long term liabilities (NT$12.5B).
Debt to Equity History and Analysis
Debt Level: 2515's net debt to equity ratio (53.8%) is considered high.
Reducing Debt: 2515's debt to equity ratio has increased from 48.6% to 77.1% over the past 5 years.
Debt Coverage: 2515's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2515's interest payments on its debt are well covered by EBIT (7x coverage).