Shin Tai Industry Balance Sheet Health
Financial Health criteria checks 2/6
Shin Tai Industry has a total shareholder equity of NT$1.9B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are NT$4.3B and NT$2.4B respectively.
Key information
65.6%
Debt to equity ratio
NT$1.26b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$718.97m |
| Equity | NT$1.91b |
| Total liabilities | NT$2.41b |
| Total assets | NT$4.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1235's short term assets (NT$823.3M) do not cover its short term liabilities (NT$2.0B).
Long Term Liabilities: 1235's short term assets (NT$823.3M) exceed its long term liabilities (NT$413.6M).
Debt to Equity History and Analysis
Debt Level: 1235's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 1235's debt to equity ratio has increased from 32.1% to 65.6% 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.