Morn Sun Feed Mill Balance Sheet Health
Financial Health criteria checks 5/6
Morn Sun Feed Mill has a total shareholder equity of NT$1.5B and total debt of NT$425.1M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are NT$2.2B and NT$777.0M respectively. Morn Sun Feed Mill's EBIT is NT$96.5M making its interest coverage ratio -140.7. It has cash and short-term investments of NT$454.2M.
Key information
29.2%
Debt to equity ratio
NT$425.10m
Debt
| Interest coverage ratio | -140.7x |
| Cash | NT$454.17m |
| Equity | NT$1.46b |
| Total liabilities | NT$777.01m |
| Total assets | NT$2.24b |
Recent financial health updates
These 4 Measures Indicate That Morn Sun Feed Mill (GTSM:1240) Is Using Debt Reasonably Well
Mar 09
Is Morn Sun Feed Mill (GTSM:1240) A Risky Investment?
Dec 02Recent updates
Returns On Capital At Morn Sun Feed Mill (GTSM:1240) Paint A Concerning Picture
Mar 27These 4 Measures Indicate That Morn Sun Feed Mill (GTSM:1240) Is Using Debt Reasonably Well
Mar 09Did You Miss Morn Sun Feed Mill's (GTSM:1240) 10% Share Price Gain?
Feb 16Morn Sun Feed Mill Corp. (GTSM:1240) Is Yielding 3.8% - But Is It A Buy?
Feb 01We Wouldn't Rely On Morn Sun Feed Mill's (GTSM:1240) Statutory Earnings As A Guide
Jan 17
Is Weakness In Morn Sun Feed Mill Corp. (GTSM:1240) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Jan 02Should You Be Impressed By Morn Sun Feed Mill's (GTSM:1240) Returns on Capital?
Dec 17Is Morn Sun Feed Mill (GTSM:1240) A Risky Investment?
Dec 02Financial Position Analysis
Short Term Liabilities: 1240's short term assets (NT$1.3B) exceed its short term liabilities (NT$710.8M).
Long Term Liabilities: 1240's short term assets (NT$1.3B) exceed its long term liabilities (NT$66.3M).
Debt to Equity History and Analysis
Debt Level: 1240 has more cash than its total debt.
Reducing Debt: 1240's debt to equity ratio has increased from 24.9% to 29.2% over the past 5 years.
Debt Coverage: 1240's debt is well covered by operating cash flow (45.6%).
Interest Coverage: 1240 earns more interest than it pays, so coverage of interest payments is not a concern.