Zig Sheng Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Zig Sheng Industrial has a total shareholder equity of NT$6.4B and total debt of NT$2.9B, which brings its debt-to-equity ratio to 46.2%. Its total assets and total liabilities are NT$11.2B and NT$4.8B respectively.
Key information
46.2%
Debt to equity ratio
NT$2.95b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$901.21m |
| Equity | NT$6.38b |
| Total liabilities | NT$4.78b |
| Total assets | NT$11.16b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1455's short term assets (NT$4.4B) exceed its short term liabilities (NT$3.5B).
Long Term Liabilities: 1455's short term assets (NT$4.4B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 1455's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: 1455's debt to equity ratio has increased from 25% to 46.2% over the past 5 years.
Debt Coverage: 1455's debt is not well covered by operating cash flow (0.03%).
Interest Coverage: Insufficient data to determine if 1455's interest payments on its debt are well covered by EBIT.