Shinih Enterprise Balance Sheet Health
Financial Health criteria checks 5/6
Shinih Enterprise has a total shareholder equity of NT$3.6B and total debt of NT$1.9B, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are NT$6.3B and NT$2.7B respectively. Shinih Enterprise's EBIT is NT$119.2M making its interest coverage ratio -0.4. It has cash and short-term investments of NT$2.5B.
Key information
52.5%
Debt to equity ratio
NT$1.88b
Debt
| Interest coverage ratio | -0.4x |
| Cash | NT$2.47b |
| Equity | NT$3.58b |
| Total liabilities | NT$2.68b |
| Total assets | NT$6.27b |
Recent financial health updates
No updates
Recent updates
Investor Optimism Abounds Shinih Enterprise Co., Ltd. (TWSE:9944) But Growth Is Lacking
Aug 09
Earnings Troubles May Signal Larger Issues for Shinih Enterprise (TWSE:9944) Shareholders
Mar 21Shinih Enterprise's (TPE:9944) Profits Appear To Have Quality Issues
Apr 11If You Had Bought Shinih Enterprise (TPE:9944) Shares A Year Ago You'd Have Earned 28% Returns
Dec 31Shinih Enterprise Co., Ltd. (TPE:9944) Stock's On A Decline: Are Poor Fundamentals The Cause?
Dec 03Financial Position Analysis
Short Term Liabilities: 9944's short term assets (NT$3.5B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 9944's short term assets (NT$3.5B) exceed its long term liabilities (NT$969.9M).
Debt to Equity History and Analysis
Debt Level: 9944 has more cash than its total debt.
Reducing Debt: 9944's debt to equity ratio has reduced from 54.5% to 52.5% over the past 5 years.
Debt Coverage: 9944's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 9944 earns more interest than it pays, so coverage of interest payments is not a concern.