Shin Tai Industry Balance Sheet Health
Financial Health criteria checks 2/6
Shin Tai Industry has a total shareholder equity of NT$2.7B and total debt of NT$1.3B, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are NT$5.1B and NT$2.5B respectively.
Key information
47.8%
Debt to equity ratio
NT$1.27b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.37b |
| Equity | NT$2.66b |
| Total liabilities | NT$2.48b |
| Total assets | NT$5.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1235's short term assets (NT$1.5B) do not cover its short term liabilities (NT$2.1B).
Long Term Liabilities: 1235's short term assets (NT$1.5B) exceed its long term liabilities (NT$430.7M).
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 increased from 34.8% to 47.8% over the past 5 years.
Debt Coverage: 1235's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: Insufficient data to determine if 1235's interest payments on its debt are well covered by EBIT.