Hey Song Balance Sheet Health
Financial Health criteria checks 6/6
Hey Song has a total shareholder equity of NT$18.6B and total debt of NT$700.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are NT$22.8B and NT$4.1B respectively. Hey Song's EBIT is NT$718.0M making its interest coverage ratio 401.6. It has cash and short-term investments of NT$1.6B.
Key information
3.8%
Debt to equity ratio
NT$700.00m
Debt
| Interest coverage ratio | 401.6x |
| Cash | NT$1.61b |
| Equity | NT$18.65b |
| Total liabilities | NT$4.11b |
| Total assets | NT$22.76b |
Recent financial health updates
Hey-Song (TPE:1234) Has A Rock Solid Balance Sheet
Apr 19
Hey-Song (TPE:1234) Has A Rock Solid Balance Sheet
Jan 06Recent updates
Hey-Song (TPE:1234) Has A Rock Solid Balance Sheet
Apr 19Does Hey-Song Corporation (TPE:1234) Have A Place In Your Dividend Portfolio?
Apr 02Can You Imagine How Hey-Song's (TPE:1234) Shareholders Feel About The 10% Share Price Increase?
Mar 15What Do The Returns At Hey-Song (TPE:1234) Mean Going Forward?
Feb 23With EPS Growth And More, Hey-Song (TPE:1234) Is Interesting
Jan 27Hey-Song (TPE:1234) Has A Rock Solid Balance Sheet
Jan 06Could Hey-Song Corporation (TPE:1234) Have The Makings Of Another Dividend Aristocrat?
Dec 16
We Like These Underlying Trends At Hey-Song (TPE:1234)
Nov 25Financial Position Analysis
Short Term Liabilities: 1234's short term assets (NT$8.1B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 1234's short term assets (NT$8.1B) exceed its long term liabilities (NT$2.4B).
Debt to Equity History and Analysis
Debt Level: 1234 has more cash than its total debt.
Reducing Debt: 1234's debt to equity ratio has reduced from 11.9% to 3.8% over the past 5 years.
Debt Coverage: 1234's debt is well covered by operating cash flow (184%).
Interest Coverage: 1234's interest payments on its debt are well covered by EBIT (401.6x coverage).