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.