Zig Sheng Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Zig Sheng Industrial has a total shareholder equity of NT$6.3B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are NT$10.3B and NT$4.0B respectively.
Key information
42.7%
Debt to equity ratio
NT$2.69b
Debt
Interest coverage ratio | n/a |
Cash | NT$866.10m |
Equity | NT$6.31b |
Total liabilities | NT$4.00b |
Total assets | NT$10.31b |
Financial Position Analysis
Short Term Liabilities: 1455's short term assets (NT$4.1B) exceed its short term liabilities (NT$2.5B).
Long Term Liabilities: 1455's short term assets (NT$4.1B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 1455's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 1455's debt to equity ratio has increased from 28.1% to 42.7% over the past 5 years.
Debt Coverage: 1455's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1455's interest payments on its debt are well covered by EBIT.