Joy Industrial Balance Sheet Health
Financial Health criteria checks 2/6
Joy Industrial has a total shareholder equity of NT$619.4M and total debt of NT$794.5M, which brings its debt-to-equity ratio to 128.3%. Its total assets and total liabilities are NT$1.8B and NT$1.2B respectively.
Key information
128.3%
Debt to equity ratio
NT$794.55m
Debt
Interest coverage ratio | n/a |
Cash | NT$275.94m |
Equity | NT$619.36m |
Total liabilities | NT$1.22b |
Total assets | NT$1.84b |
Financial Position Analysis
Short Term Liabilities: 4559's short term assets (NT$755.1M) do not cover its short term liabilities (NT$838.6M).
Long Term Liabilities: 4559's short term assets (NT$755.1M) exceed its long term liabilities (NT$386.1M).
Debt to Equity History and Analysis
Debt Level: 4559's net debt to equity ratio (83.7%) is considered high.
Reducing Debt: 4559's debt to equity ratio has reduced from 136.3% to 128.3% over the past 5 years.
Debt Coverage: 4559's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: Insufficient data to determine if 4559's interest payments on its debt are well covered by EBIT.