Shin Tai Industry Balance Sheet Health
Financial Health criteria checks 3/6
Shin Tai Industry has a total shareholder equity of NT$3.5B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are NT$6.3B and NT$2.8B respectively.
Key information
34.8%
Debt to equity ratio
NT$1.22b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.41b |
| Equity | NT$3.52b |
| Total liabilities | NT$2.76b |
| Total assets | NT$6.28b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Shin Tai Industry's (TWSE:1235) Earnings
Nov 22
Investors Can Find Comfort In Shin Tai Industry's (TWSE:1235) Earnings Quality
Apr 09Three Things You Should Check Before Buying Shin Tai Industry Co., Ltd. (TPE:1235) For Its Dividend
Apr 18Are Shin Tai Industry's (TPE:1235) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 01Financial Position Analysis
Short Term Liabilities: 1235's short term assets (NT$1.5B) do not cover its short term liabilities (NT$2.3B).
Long Term Liabilities: 1235's short term assets (NT$1.5B) exceed its long term liabilities (NT$424.7M).
Debt to Equity History and Analysis
Debt Level: 1235 has more cash than its total debt.
Reducing Debt: 1235's debt to equity ratio has reduced from 54.8% to 34.8% over the past 5 years.
Debt Coverage: 1235's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1235's interest payments on its debt are well covered by EBIT.