Chin Hsin Environ Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Chin Hsin Environ Engineering has a total shareholder equity of NT$652.6M and total debt of NT$58.4M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are NT$1.1B and NT$446.1M respectively. Chin Hsin Environ Engineering's EBIT is NT$131.2M making its interest coverage ratio -219.4. It has cash and short-term investments of NT$320.5M.
Key information
9.0%
Debt to equity ratio
NT$58.41m
Debt
| Interest coverage ratio | -219.4x |
| Cash | NT$320.49m |
| Equity | NT$652.57m |
| Total liabilities | NT$446.10m |
| Total assets | NT$1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6951's short term assets (NT$529.6M) exceed its short term liabilities (NT$373.9M).
Long Term Liabilities: 6951's short term assets (NT$529.6M) exceed its long term liabilities (NT$72.2M).
Debt to Equity History and Analysis
Debt Level: 6951 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6951's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6951's debt is well covered by operating cash flow (244.1%).
Interest Coverage: 6951 earns more interest than it pays, so coverage of interest payments is not a concern.