Zeng Hsing Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Zeng Hsing Industrial has a total shareholder equity of NT$8.6B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are NT$12.0B and NT$3.4B respectively. Zeng Hsing Industrial's EBIT is NT$526.9M making its interest coverage ratio -12.9. It has cash and short-term investments of NT$3.0B.
Key information
14.5%
Debt to equity ratio
NT$1.25b
Debt
| Interest coverage ratio | -12.9x |
| Cash | NT$3.01b |
| Equity | NT$8.61b |
| Total liabilities | NT$3.38b |
| Total assets | NT$12.00b |
Recent financial health updates
Is Zeng Hsing Industrial (TPE:1558) Using Too Much Debt?
Mar 10
Does Zeng Hsing Industrial (TPE:1558) Have A Healthy Balance Sheet?
Dec 04Recent updates
There May Be Reason For Hope In Zeng Hsing Industrial's (TWSE:1558) Disappointing Earnings
Mar 18Factors Income Investors Should Consider Before Adding Zeng Hsing Industrial Co., Ltd. (TPE:1558) To Their Portfolio
Apr 24Is Now The Time To Put Zeng Hsing Industrial (TPE:1558) On Your Watchlist?
Mar 25Is Zeng Hsing Industrial (TPE:1558) Using Too Much Debt?
Mar 10Did You Participate In Any Of Zeng Hsing Industrial's (TPE:1558) Respectable 48% Return?
Feb 23We're Watching These Trends At Zeng Hsing Industrial (TPE:1558)
Feb 08How Does Zeng Hsing Industrial Co., Ltd. (TPE:1558) Fare As A Dividend Stock?
Jan 23
Is Zeng Hsing Industrial Co., Ltd.'s (TPE:1558) Recent Stock Performance Influenced By Its Financials In Any Way?
Dec 22Does Zeng Hsing Industrial (TPE:1558) Have A Healthy Balance Sheet?
Dec 04Financial Position Analysis
Short Term Liabilities: 1558's short term assets (NT$6.0B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 1558's short term assets (NT$6.0B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 1558 has more cash than its total debt.
Reducing Debt: 1558's debt to equity ratio has increased from 9.9% to 14.5% over the past 5 years.
Debt Coverage: 1558's debt is well covered by operating cash flow (176.4%).
Interest Coverage: 1558 earns more interest than it pays, so coverage of interest payments is not a concern.