Sheng Yi DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sheng Yi DevelopmentLtd has a total shareholder equity of NT$766.7M and total debt of NT$1.4B, which brings its debt-to-equity ratio to 183%. Its total assets and total liabilities are NT$5.5B and NT$4.7B respectively. Sheng Yi DevelopmentLtd's EBIT is NT$182.3M making its interest coverage ratio 10.3. It has cash and short-term investments of NT$333.5M.
Key information
183.0%
Debt to equity ratio
NT$1.40b
Debt
Interest coverage ratio | 10.3x |
Cash | NT$333.54m |
Equity | NT$766.65m |
Total liabilities | NT$4.70b |
Total assets | NT$5.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5455's short term assets (NT$5.4B) exceed its short term liabilities (NT$4.7B).
Long Term Liabilities: 5455's short term assets (NT$5.4B) exceed its long term liabilities (NT$1.1M).
Debt to Equity History and Analysis
Debt Level: 5455's net debt to equity ratio (139.5%) is considered high.
Reducing Debt: 5455's debt to equity ratio has reduced from 247.4% to 183% over the past 5 years.
Debt Coverage: 5455's debt is well covered by operating cash flow (52%).
Interest Coverage: 5455's interest payments on its debt are well covered by EBIT (10.3x coverage).