Sun Race Sturmey-Archer Balance Sheet Health
Financial Health criteria checks 2/6
Sun Race Sturmey-Archer has a total shareholder equity of NT$1.4B and total debt of NT$960.8M, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are NT$2.7B and NT$1.3B respectively. Sun Race Sturmey-Archer's EBIT is NT$30.7M making its interest coverage ratio 2.3. It has cash and short-term investments of NT$342.7M.
Key information
68.8%
Debt to equity ratio
NT$960.83m
Debt
| Interest coverage ratio | 2.3x |
| Cash | NT$342.70m |
| Equity | NT$1.40b |
| Total liabilities | NT$1.28b |
| Total assets | NT$2.67b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for Sun Race Sturmey-Archer (TWSE:1526) Shareholders
Mar 22
Read This Before Buying Sun Race Sturmey-Archer Inc. (TPE:1526) For Its Dividend
Apr 09We're Watching These Trends At Sun Race Sturmey-Archer (TPE:1526)
Mar 05Sun Race Sturmey-Archer's (TPE:1526) Earnings Are Growing But Is There More To The Story?
Feb 15Is Sun Race Sturmey-Archer (TPE:1526) A Risky Investment?
Jan 31
Sun Race Sturmey-Archer Inc. (TPE:1526) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 15Why Sun Race Sturmey-Archer Inc. (TPE:1526) Is A Dividend Rockstar
Dec 31Did You Participate In Any Of Sun Race Sturmey-Archer's (TPE:1526) Incredible 321% Return?
Dec 16Has Sun Race Sturmey-Archer (TPE:1526) Got What It Takes To Become A Multi-Bagger?
Dec 01Financial Position Analysis
Short Term Liabilities: 1526's short term assets (NT$1.7B) exceed its short term liabilities (NT$394.0M).
Long Term Liabilities: 1526's short term assets (NT$1.7B) exceed its long term liabilities (NT$882.9M).
Debt to Equity History and Analysis
Debt Level: 1526's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: 1526's debt to equity ratio has increased from 33.2% to 68.8% over the past 5 years.
Debt Coverage: 1526's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1526's interest payments on its debt are not well covered by EBIT (2.3x coverage).