Morn Sun Feed Mill Balance Sheet Health
Financial Health criteria checks 6/6
Morn Sun Feed Mill has a total shareholder equity of NT$1.9B and total debt of NT$365.4M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are NT$2.6B and NT$731.3M respectively. Morn Sun Feed Mill's EBIT is NT$68.8M making its interest coverage ratio -22.8. It has cash and short-term investments of NT$826.5M.
Key information
19.2%
Debt to equity ratio
NT$365.37m
Debt
| Interest coverage ratio | -22.8x |
| Cash | NT$826.53m |
| Equity | NT$1.90b |
| Total liabilities | NT$731.35m |
| Total assets | NT$2.63b |
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$1.7B) exceed its short term liabilities (NT$665.0M).
Long Term Liabilities: 1240's short term assets (NT$1.7B) exceed its long term liabilities (NT$66.4M).
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 reduced from 30.8% to 19.2% over the past 5 years.
Debt Coverage: 1240's debt is well covered by operating cash flow (26.3%).
Interest Coverage: 1240 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Morn Sun Feed Mill Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yufan Li | Jih Sun Securities Investment Consulting Co., Ltd. |