Kwang Ming Silk Mill Balance Sheet Health
Financial Health criteria checks 3/6
Kwang Ming Silk Mill has a total shareholder equity of NT$1.9B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are NT$3.9B and NT$2.1B respectively.
Key information
55.8%
Debt to equity ratio
NT$1.05b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.40b |
| Equity | NT$1.88b |
| Total liabilities | NT$2.06b |
| Total assets | NT$3.94b |
Recent financial health updates
Recent updates
Do Investors Have Good Reason To Be Wary Of Kwang Ming Silk Mill Co., Ltd.'s (GTSM:4420) 8.0% Dividend Yield?
Mar 15
Is Kwang Ming Silk Mill (GTSM:4420) Weighed On By Its Debt Load?
Feb 07
A Look At The Fair Value Of Kwang Ming Silk Mill Co., Ltd. (GTSM:4420)
Dec 28Tread With Caution Around Kwang Ming Silk Mill Co., Ltd.'s (GTSM:4420) 8.3% Dividend Yield
Nov 23Financial Position Analysis
Short Term Liabilities: 4420's short term assets (NT$1.8B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 4420's short term assets (NT$1.8B) exceed its long term liabilities (NT$653.4M).
Debt to Equity History and Analysis
Debt Level: 4420 has more cash than its total debt.
Reducing Debt: 4420's debt to equity ratio has increased from 31.4% to 55.8% over the past 5 years.
Debt Coverage: 4420's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4420's interest payments on its debt are well covered by EBIT.