Kung Sing Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Kung Sing Engineering has a total shareholder equity of NT$5.4B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are NT$10.0B and NT$4.6B respectively.
Key information
19.3%
Debt to equity ratio
NT$1.04b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.63b |
| Equity | NT$5.38b |
| Total liabilities | NT$4.62b |
| Total assets | NT$10.00b |
Recent financial health updates
We Think Kung Sing Engineering (TWSE:5521) Can Stay On Top Of Its Debt
Aug 05
Does Kung Sing Engineering (TPE:5521) Have A Healthy Balance Sheet?
Mar 16Does Kung Sing Engineering (TPE:5521) Have A Healthy Balance Sheet?
Nov 29Recent updates
We Think Kung Sing Engineering (TWSE:5521) Can Stay On Top Of Its Debt
Aug 05The Strong Earnings Posted By Kung Sing Engineering (TWSE:5521) Are A Good Indication Of The Strength Of The Business
May 22Kung Sing Engineering Corporation's (TWSE:5521) Business Is Trailing The Industry But Its Shares Aren't
Mar 06Does Kung Sing Engineering (TPE:5521) Have A Healthy Balance Sheet?
Mar 16Reflecting on Kung Sing Engineering's (TPE:5521) Share Price Returns Over The Last Three Years
Feb 15
These Trends Paint A Bright Future For Kung Sing Engineering (TPE:5521)
Jan 17Are Kung Sing Engineering's (TPE:5521) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 21Does Kung Sing Engineering (TPE:5521) Have A Healthy Balance Sheet?
Nov 29Financial Position Analysis
Short Term Liabilities: 5521's short term assets (NT$9.0B) exceed its short term liabilities (NT$4.4B).
Long Term Liabilities: 5521's short term assets (NT$9.0B) exceed its long term liabilities (NT$192.6M).
Debt to Equity History and Analysis
Debt Level: 5521 has more cash than its total debt.
Reducing Debt: 5521's debt to equity ratio has reduced from 72.8% to 19.3% over the past 5 years.
Debt Coverage: 5521's debt is well covered by operating cash flow (25.2%).
Interest Coverage: Insufficient data to determine if 5521's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 09:38 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kung Sing Engineering Corporation is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Frank Lin | KGI Securities Co. Ltd. |
| Liren Liang | Masterlink Securities Corp. |
| Ashwini Kadam | Virtua Research Inc. |