Sunny Friend Environmental Technology Balance Sheet Health
Financial Health criteria checks 4/6
Sunny Friend Environmental Technology has a total shareholder equity of NT$5.3B and total debt of NT$3.2B, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are NT$10.7B and NT$5.4B respectively. Sunny Friend Environmental Technology's EBIT is NT$538.3M making its interest coverage ratio 15.1. It has cash and short-term investments of NT$1.2B.
Key information
59.8%
Debt to equity ratio
NT$3.19b
Debt
| Interest coverage ratio | 15.1x |
| Cash | NT$1.24b |
| Equity | NT$5.34b |
| Total liabilities | NT$5.40b |
| Total assets | NT$10.74b |
Recent financial health updates
Here's Why Sunny Friend Environmental Technology (TPE:8341) Can Manage Its Debt Responsibly
Mar 25
We Think Sunny Friend Environmental Technology (TPE:8341) Can Stay On Top Of Its Debt
Dec 16
Recent updates
Does It Make Sense To Buy Sunny Friend Environmental Technology Co., Ltd. (TPE:8341) For Its Yield?
Apr 14Here's Why Sunny Friend Environmental Technology (TPE:8341) Can Manage Its Debt Responsibly
Mar 25The Returns At Sunny Friend Environmental Technology (TPE:8341) Provide Us With Signs Of What's To Come
Feb 25Is Sunny Friend Environmental Technology Co., Ltd.'s (TPE:8341) 34% ROE Better Than Average?
Feb 11Sunny Friend Environmental Technology (TPE:8341) Has Compensated Shareholders With A Respectable 94% Return On Their Investment
Jan 28Are Institutions Heavily Invested In Sunny Friend Environmental Technology Co., Ltd.'s (TPE:8341) Shares?
Jan 14How Much Did Sunny Friend Environmental Technology's (TPE:8341) CEO Pocket Last Year?
Dec 30We Think Sunny Friend Environmental Technology (TPE:8341) Can Stay On Top Of Its Debt
Dec 16Are Dividend Investors Making A Mistake With Sunny Friend Environmental Technology Co., Ltd. (TPE:8341)?
Nov 30Financial Position Analysis
Short Term Liabilities: 8341's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 8341's short term assets (NT$2.0B) do not cover its long term liabilities (NT$3.6B).
Debt to Equity History and Analysis
Debt Level: 8341's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: 8341's debt to equity ratio has increased from 26.7% to 59.8% over the past 5 years.
Debt Coverage: 8341's debt is well covered by operating cash flow (37%).
Interest Coverage: 8341's interest payments on its debt are well covered by EBIT (15.1x coverage).