Shenmao Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shenmao Technology has a total shareholder equity of NT$4.7B and total debt of NT$2.8B, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are NT$8.2B and NT$3.4B respectively. Shenmao Technology's EBIT is NT$384.0M making its interest coverage ratio 10.7. It has cash and short-term investments of NT$2.0B.
Key information
59.2%
Debt to equity ratio
NT$2.80b
Debt
| Interest coverage ratio | 10.7x |
| Cash | NT$1.99b |
| Equity | NT$4.73b |
| Total liabilities | NT$3.44b |
| Total assets | NT$8.17b |
Recent financial health updates
Is Shenmao Technology (TPE:3305) A Risky Investment?
Feb 18
These 4 Measures Indicate That Shenmao Technology (TPE:3305) Is Using Debt Reasonably Well
Nov 20
Recent updates
Shenmao Technology (TPE:3305) Shareholders Will Want The ROCE Trajectory To Continue
Apr 13Are Dividend Investors Getting More Than They Bargained For With Shenmao Technology Inc's (TPE:3305) Dividend?
Mar 08Is Shenmao Technology (TPE:3305) A Risky Investment?
Feb 18If You Had Bought Shenmao Technology (TPE:3305) Shares A Year Ago You'd Have Earned 25% Returns
Jan 31The Trends At Shenmao Technology (TPE:3305) That You Should Know About
Jan 12Does Shenmao Technology Inc's (TPE:3305) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Dec 25Does It Make Sense To Buy Shenmao Technology Inc (TPE:3305) For Its Yield?
Dec 08These 4 Measures Indicate That Shenmao Technology (TPE:3305) Is Using Debt Reasonably Well
Nov 20Financial Position Analysis
Short Term Liabilities: 3305's short term assets (NT$5.4B) exceed its short term liabilities (NT$2.3B).
Long Term Liabilities: 3305's short term assets (NT$5.4B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 3305's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: 3305's debt to equity ratio has reduced from 60.3% to 59.2% over the past 5 years.
Debt Coverage: 3305's debt is well covered by operating cash flow (25.4%).
Interest Coverage: 3305's interest payments on its debt are well covered by EBIT (10.7x coverage).