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$814.3M, which brings its debt-to-equity ratio to 62.5%. Its total assets and total liabilities are NT$2.2B and NT$909.5M respectively. Yi Shin Textile Industrial's EBIT is NT$31.8M making its interest coverage ratio 4.5. It has cash and short-term investments of NT$187.2M.
Key information
62.5%
Debt to equity ratio
NT$814.33m
Debt
Interest coverage ratio | 4.5x |
Cash | NT$187.17m |
Equity | NT$1.30b |
Total liabilities | NT$909.51m |
Total assets | NT$2.21b |
Recent financial health updates
Is Yi Shin Textile Industrial (GTSM:4440) Using Too Much Debt?
Apr 26We Think Yi Shin Textile Industrial (GTSM:4440) Can Stay On Top Of Its Debt
Dec 20Recent updates
Earnings 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$574.4M) exceed its short term liabilities (NT$411.2M).
Long Term Liabilities: 4440's short term assets (NT$574.4M) exceed its long term liabilities (NT$498.3M).
Debt to Equity History and Analysis
Debt Level: 4440's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: 4440's debt to equity ratio has reduced from 90.4% to 62.5% over the past 5 years.
Debt Coverage: 4440's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 4440's interest payments on its debt are well covered by EBIT (4.5x coverage).