Sheng Yi DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sheng Yi DevelopmentLtd has a total shareholder equity of NT$943.8M and total debt of NT$2.6B, which brings its debt-to-equity ratio to 276%. Its total assets and total liabilities are NT$4.8B and NT$3.9B respectively. Sheng Yi DevelopmentLtd's EBIT is NT$371.3M making its interest coverage ratio 24.3. It has cash and short-term investments of NT$52.3M.
Key information
276.0%
Debt to equity ratio
NT$2.60b
Debt
| Interest coverage ratio | 24.3x |
| Cash | NT$52.25m |
| Equity | NT$943.77m |
| Total liabilities | NT$3.87b |
| Total assets | NT$4.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5455's short term assets (NT$4.7B) exceed its short term liabilities (NT$3.9B).
Long Term Liabilities: 5455's short term assets (NT$4.7B) exceed its long term liabilities (NT$945.0K).
Debt to Equity History and Analysis
Debt Level: 5455's net debt to equity ratio (270.5%) is considered high.
Reducing Debt: 5455's debt to equity ratio has reduced from 468.3% to 276% over the past 5 years.
Debt Coverage: 5455's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 5455's interest payments on its debt are well covered by EBIT (24.3x coverage).