Shinkong Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Shinkong Insurance has a total shareholder equity of NT$18.7B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$53.2B and NT$34.5B respectively. Shinkong Insurance's EBIT is NT$4.0B making its interest coverage ratio 6863.5. It has cash and short-term investments of NT$20.3B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | 6863.5x |
| Cash | NT$20.28b |
| Equity | NT$18.70b |
| Total liabilities | NT$34.46b |
| Total assets | NT$53.16b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Shinkong Insurance (TWSE:2850) Is Well Worth Watching
Oct 15
Shinkong Insurance's (TWSE:2850) Dividend Will Be Increased To NT$4.99
May 31Lacklustre Performance Is Driving Shinkong Insurance Co., Ltd.'s (TWSE:2850) Low P/E
May 09Did You Participate In Any Of Shinkong Insurance's (TPE:2850) Fantastic 123% Return ?
Mar 15Why Shinkong Insurance Co., Ltd. (TPE:2850) Is A Top Dividend Stock
Feb 17Is Shinkong Insurance Co., Ltd.'s (TPE:2850) Stock's Recent Performance A Reflection Of Its Financial Health?
Jan 11Did You Participate In Any Of Shinkong Insurance's (TPE:2850) Fantastic 124% Return ?
Dec 15
Shinkong Insurance Co., Ltd. (TPE:2850) Is An Attractive Dividend Stock - Here's Why
Nov 19Financial Position Analysis
Short Term Liabilities: 2850's short term assets (NT$23.9B) exceed its short term liabilities (NT$3.8B).
Long Term Liabilities: 2850's short term assets (NT$23.9B) do not cover its long term liabilities (NT$30.7B).
Debt to Equity History and Analysis
Debt Level: 2850 is debt free.
Reducing Debt: 2850 has not had any debt for past 5 years.
Debt Coverage: 2850 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2850 has no debt, therefore 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 | 2024/12/21 23:41 |
| 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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Shinkong Insurance Co., Ltd. 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 |
|---|---|
| Ganesh D.N. | Virtua Research Inc. |