Shin Kong Financial Holding Balance Sheet Health
Financial Health criteria checks 3/6
Shin Kong Financial Holding has a total shareholder equity of NT$270.2B and total debt of NT$172.1B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are NT$5,108.8B and NT$4,838.6B respectively.
Key information
63.7%
Debt to equity ratio
NT$172.12b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$511.16b |
| Equity | NT$270.22b |
| Total liabilities | NT$4.84t |
| Total assets | NT$5.11t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2888B's short term assets (NT$705.7B) exceed its short term liabilities (NT$335.5B).
Long Term Liabilities: 2888B's short term assets (NT$705.7B) do not cover its long term liabilities (NT$4,503.1B).
Debt to Equity History and Analysis
Debt Level: 2888B has more cash than its total debt.
Reducing Debt: 2888B's debt to equity ratio has reduced from 65% to 63.7% over the past 5 years.
Debt Coverage: 2888B's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2888B's interest payments on its debt are well covered by EBIT.