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 6921.5. It has cash and short-term investments of NT$20.5B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | 6921.5x |
| Cash | NT$20.50b |
| 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$23.0B) exceed its short term liabilities (NT$3.5B).
Long Term Liabilities: 2850's short term assets (NT$23.0B) do not cover its long term liabilities (NT$31.0B).
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.