Song Ho Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Song Ho Industrial has a total shareholder equity of NT$1.4B and total debt of NT$870.2M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are NT$2.6B and NT$1.2B respectively. Song Ho Industrial's EBIT is NT$62.4M making its interest coverage ratio 9.8. It has cash and short-term investments of NT$491.8M.
Key information
60.0%
Debt to equity ratio
NT$870.22m
Debt
| Interest coverage ratio | 9.8x |
| Cash | NT$491.81m |
| Equity | NT$1.45b |
| Total liabilities | NT$1.20b |
| Total assets | NT$2.65b |
Recent financial health updates
Song Ho Industrial (GTSM:5016) Seems To Use Debt Rather Sparingly
Mar 24
Is Song Ho Industrial (GTSM:5016) A Risky Investment?
Dec 24
Recent updates
Returns At Song Ho Industrial (GTSM:5016) Are On The Way Up
Apr 12Song Ho Industrial (GTSM:5016) Seems To Use Debt Rather Sparingly
Mar 24Should You Buy Song Ho Industrial Co., Ltd. (GTSM:5016) For Its Dividend?
Mar 01Shareholders Of Song Ho Industrial (GTSM:5016) Must Be Happy With Their 80% Return
Feb 09Song Ho Industrial Co., Ltd.'s (GTSM:5016) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Jan 25Can Song Ho Industrial (GTSM:5016) Continue To Grow Its Returns On Capital?
Jan 08Is Song Ho Industrial (GTSM:5016) A Risky Investment?
Dec 24Are Song Ho Industrial's (GTSM:5016) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 09Is Song Ho Industrial Co., Ltd. (GTSM:5016) A Great Dividend Stock?
Nov 24Financial Position Analysis
Short Term Liabilities: 5016's short term assets (NT$1.6B) exceed its short term liabilities (NT$510.8M).
Long Term Liabilities: 5016's short term assets (NT$1.6B) exceed its long term liabilities (NT$685.6M).
Debt to Equity History and Analysis
Debt Level: 5016's net debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: 5016's debt to equity ratio has reduced from 75.6% to 60% over the past 5 years.
Debt Coverage: 5016's debt is well covered by operating cash flow (38.2%).
Interest Coverage: 5016's interest payments on its debt are well covered by EBIT (9.8x coverage).