Well Shin Technology Balance Sheet Health
Financial Health criteria checks 6/6
Well Shin Technology has a total shareholder equity of NT$6.9B and total debt of NT$217.6M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are NT$9.0B and NT$2.1B respectively. Well Shin Technology's EBIT is NT$753.7M making its interest coverage ratio -16.4. It has cash and short-term investments of NT$2.1B.
Key information
3.2%
Debt to equity ratio
NT$217.60m
Debt
| Interest coverage ratio | -16.4x |
| Cash | NT$2.11b |
| Equity | NT$6.88b |
| Total liabilities | NT$2.13b |
| Total assets | NT$9.01b |
Recent financial health updates
Does Well Shin Technology (TWSE:3501) Have A Healthy Balance Sheet?
Aug 13
Is Well Shin Technology (TPE:3501) A Risky Investment?
Feb 03
Recent updates
Does Well Shin Technology (TWSE:3501) Have A Healthy Balance Sheet?
Aug 13Well Shin Technology's (TWSE:3501) Shareholders Will Receive A Smaller Dividend Than Last Year
Jul 12Well Shin Technology (TWSE:3501) Could Be Struggling To Allocate Capital
Jun 17There May Be Reason For Hope In Well Shin Technology's (TWSE:3501) Disappointing Earnings
Mar 22Are Dividend Investors Getting More Than They Bargained For With Well Shin Technology Co., Ltd.'s (TPE:3501) Dividend?
Mar 29Well Shin Technology Co., Ltd.'s (TPE:3501) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Mar 09Is Well Shin Technology Co., Ltd. (TPE:3501) Worth NT$51.8 Based On Its Intrinsic Value?
Feb 18Is Well Shin Technology (TPE:3501) A Risky Investment?
Feb 03Are Well Shin Technology's (TPE:3501) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 19Well Shin Technology (TPE:3501) Has Compensated Shareholders With A Respectable 58% Return On Their Investment
Jan 06Investors In Well Shin Technology Co., Ltd. (TPE:3501) Should Consider This, First
Dec 24What These Trends Mean At Well Shin Technology (TPE:3501)
Dec 11Does Well Shin Technology Co., Ltd.'s (TPE:3501) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
Nov 26Financial Position Analysis
Short Term Liabilities: 3501's short term assets (NT$6.3B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 3501's short term assets (NT$6.3B) exceed its long term liabilities (NT$809.4M).
Debt to Equity History and Analysis
Debt Level: 3501 has more cash than its total debt.
Reducing Debt: 3501's debt to equity ratio has reduced from 12% to 3.2% over the past 5 years.
Debt Coverage: 3501's debt is well covered by operating cash flow (217.9%).
Interest Coverage: 3501 earns more interest than it pays, so coverage of interest payments is not a concern.