Taiwan Shin Kong Security Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Shin Kong Security has a total shareholder equity of NT$12.9B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are NT$19.0B and NT$6.1B respectively. Taiwan Shin Kong Security's EBIT is NT$809.8M making its interest coverage ratio -3.5. It has cash and short-term investments of NT$8.4B.
Key information
21.1%
Debt to equity ratio
NT$2.72b
Debt
| Interest coverage ratio | -3.5x |
| Cash | NT$8.40b |
| Equity | NT$12.93b |
| Total liabilities | NT$6.12b |
| Total assets | NT$19.05b |
Recent financial health updates
Taiwan Shin Kong SecurityLtd (TPE:9925) Seems To Use Debt Rather Sparingly
Apr 06
Is Taiwan Shin Kong SecurityLtd (TPE:9925) A Risky Investment?
Nov 26Recent updates
Taiwan Shin Kong Security (TWSE:9925) Will Pay A Dividend Of NT$2.00
Jul 12Taiwan Shin Kong SecurityLtd (TPE:9925) Seems To Use Debt Rather Sparingly
Apr 06Taiwan Shin Kong Security Co.,Ltd. (TPE:9925) On An Uptrend: Could Fundamentals Be Driving The Stock?
Dec 24
Is Taiwan Shin Kong SecurityLtd (TPE:9925) A Risky Investment?
Nov 26Financial Position Analysis
Short Term Liabilities: 9925's short term assets (NT$9.6B) exceed its short term liabilities (NT$5.4B).
Long Term Liabilities: 9925's short term assets (NT$9.6B) exceed its long term liabilities (NT$692.9M).
Debt to Equity History and Analysis
Debt Level: 9925 has more cash than its total debt.
Reducing Debt: 9925's debt to equity ratio has increased from 15.5% to 21.1% over the past 5 years.
Debt Coverage: 9925's debt is well covered by operating cash flow (51%).
Interest Coverage: 9925 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 08:15 |
| End of Day Share Price | 2025/01/03 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Taiwan Shin Kong Security Co., Ltd. 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 |
|---|---|
| null null | Capital Securities Corporation |
| Titan Horng | IBTS Investment Consulting Co., Ltd. |
| Chi-jieh Huang | Jih Sun Securities Investment Consulting Co., Ltd. |