Yi Shin Textile Industrial Balance Sheet Health
Financial Health criteria checks 4/6
Yi Shin Textile Industrial has a total shareholder equity of NT$1.3B and total debt of NT$798.0M, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are NT$2.3B and NT$961.3M respectively. Yi Shin Textile Industrial's EBIT is NT$41.5M making its interest coverage ratio -3.1. It has cash and short-term investments of NT$187.6M.
Key information
61.1%
Debt to equity ratio
NT$797.96m
Debt
| Interest coverage ratio | -3.1x |
| Cash | NT$187.57m |
| Equity | NT$1.31b |
| Total liabilities | NT$961.33m |
| Total assets | NT$2.27b |
Recent financial health updates
Is Yi Shin Textile Industrial (GTSM:4440) Using Too Much Debt?
Apr 26
We Think Yi Shin Textile Industrial (GTSM:4440) Can Stay On Top Of Its Debt
Dec 20
Recent updates
Yi Shin Textile Industrial's (TWSE:4440) Dividend Is Being Reduced To NT$1.00
Jun 03Earnings Troubles May Signal Larger Issues for Yi Shin Textile Industrial (TWSE:4440) Shareholders
Mar 22Is Yi Shin Textile Industrial (GTSM:4440) Using Too Much Debt?
Apr 26The Yi Shin Textile Industrial (GTSM:4440) Share Price Is Up 29% And Shareholders Are Holding On
Mar 18Should We Be Delighted With Yi Shin Textile Industrial Co., Ltd.'s (GTSM:4440) ROE Of 14%?
Jan 24We Think Yi Shin Textile Industrial (GTSM:4440) Can Stay On Top Of Its Debt
Dec 20Should You Use Yi Shin Textile Industrial's (GTSM:4440) Statutory Earnings To Analyse It?
Nov 23Financial Position Analysis
Short Term Liabilities: 4440's short term assets (NT$648.5M) exceed its short term liabilities (NT$447.1M).
Long Term Liabilities: 4440's short term assets (NT$648.5M) exceed its long term liabilities (NT$514.2M).
Debt to Equity History and Analysis
Debt Level: 4440's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: 4440's debt to equity ratio has reduced from 110.6% to 61.1% over the past 5 years.
Debt Coverage: 4440's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: 4440 earns more interest than it pays, so coverage of interest payments is not a concern.