Chin Hsin Environ Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Chin Hsin Environ Engineering has a total shareholder equity of NT$681.7M and total debt of NT$53.5M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are NT$1.1B and NT$446.7M respectively. Chin Hsin Environ Engineering's EBIT is NT$137.7M making its interest coverage ratio -183.5. It has cash and short-term investments of NT$336.1M.
Key information
7.8%
Debt to equity ratio
NT$53.48m
Debt
Interest coverage ratio | -183.5x |
Cash | NT$336.15m |
Equity | NT$681.69m |
Total liabilities | NT$446.71m |
Total assets | NT$1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6951's short term assets (NT$517.0M) exceed its short term liabilities (NT$367.6M).
Long Term Liabilities: 6951's short term assets (NT$517.0M) exceed its long term liabilities (NT$79.1M).
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 (318%).
Interest Coverage: 6951 earns more interest than it pays, so coverage of interest payments is not a concern.