I-Sheng Electric Wire & Cable Balance Sheet Health
Financial Health criteria checks 5/6
I-Sheng Electric Wire & Cable has a total shareholder equity of NT$5.2B and total debt of NT$1.9B, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are NT$8.6B and NT$3.4B respectively. I-Sheng Electric Wire & Cable's EBIT is NT$564.4M making its interest coverage ratio -6.3. It has cash and short-term investments of NT$3.3B.
Key information
36.8%
Debt to equity ratio
NT$1.91b
Debt
| Interest coverage ratio | -6.3x |
| Cash | NT$3.31b |
| Equity | NT$5.20b |
| Total liabilities | NT$3.43b |
| Total assets | NT$8.63b |
Recent financial health updates
Does I-Sheng Electric Wire & Cable (TPE:6115) Have A Healthy Balance Sheet?
Feb 23
I-Sheng Electric Wire & Cable (TPE:6115) Seems To Use Debt Rather Sparingly
Nov 18Recent updates
Are Dividend Investors Getting More Than They Bargained For With I-Sheng Electric Wire & Cable Co., Ltd.'s (TPE:6115) Dividend?
Mar 30Will the Promising Trends At I-Sheng Electric Wire & Cable (TPE:6115) Continue?
Mar 12Does I-Sheng Electric Wire & Cable (TPE:6115) Have A Healthy Balance Sheet?
Feb 23I-Sheng Electric Wire & Cable Co., Ltd.'s (TPE:6115) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?
Feb 04Did You Participate In Any Of I-Sheng Electric Wire & Cable's (TPE:6115) Respectable 83% Return?
Jan 20
Are I-Sheng Electric Wire & Cable's (TPE:6115) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 05Do Investors Have Good Reason To Be Wary Of I-Sheng Electric Wire & Cable Co., Ltd.'s (TPE:6115) 7.2% Dividend Yield?
Dec 18I-Sheng Electric Wire & Cable (TPE:6115) Seems To Use Debt Rather Sparingly
Nov 18Financial Position Analysis
Short Term Liabilities: 6115's short term assets (NT$6.5B) exceed its short term liabilities (NT$2.9B).
Long Term Liabilities: 6115's short term assets (NT$6.5B) exceed its long term liabilities (NT$503.6M).
Debt to Equity History and Analysis
Debt Level: 6115 has more cash than its total debt.
Reducing Debt: 6115's debt to equity ratio has reduced from 39.1% to 36.8% over the past 5 years.
Debt Coverage: 6115's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 6115 earns more interest than it pays, so coverage of interest payments is not a concern.