Joy Industrial Balance Sheet Health
Financial Health criteria checks 2/6
Joy Industrial has a total shareholder equity of NT$633.9M and total debt of NT$861.5M, which brings its debt-to-equity ratio to 135.9%. Its total assets and total liabilities are NT$2.0B and NT$1.3B respectively.
Key information
135.9%
Debt to equity ratio
NT$861.52m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$276.96m |
| Equity | NT$633.91m |
| Total liabilities | NT$1.32b |
| Total assets | NT$1.96b |
Financial Position Analysis
Short Term Liabilities: 4559's short term assets (NT$876.2M) do not cover its short term liabilities (NT$948.2M).
Long Term Liabilities: 4559's short term assets (NT$876.2M) exceed its long term liabilities (NT$374.6M).
Debt to Equity History and Analysis
Debt Level: 4559's net debt to equity ratio (92.2%) is considered high.
Reducing Debt: 4559's debt to equity ratio has reduced from 142.8% to 135.9% over the past 5 years.
Debt Coverage: 4559's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4559's interest payments on its debt are well covered by EBIT.