Shuang-Bang Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Shuang-Bang Industrial has a total shareholder equity of NT$1.3B and total debt of NT$880.5M, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are NT$2.5B and NT$1.3B respectively. Shuang-Bang Industrial's EBIT is NT$50.0M making its interest coverage ratio 3.6. It has cash and short-term investments of NT$112.3M.
Key information
69.9%
Debt to equity ratio
NT$880.47m
Debt
| Interest coverage ratio | 3.6x |
| Cash | NT$112.27m |
| Equity | NT$1.26b |
| Total liabilities | NT$1.27b |
| Total assets | NT$2.53b |
Recent financial health updates
Here's Why Shuang-Bang Industrial (GTSM:6506) Has A Meaningful Debt Burden
Mar 10
Shuang-Bang Industrial (GTSM:6506) Has A Somewhat Strained Balance Sheet
Dec 09Recent updates
Estimating The Intrinsic Value Of Shuang-Bang Industrial Corp. (GTSM:6506)
Mar 31Here's Why Shuang-Bang Industrial (GTSM:6506) Has A Meaningful Debt Burden
Mar 10We're Watching These Trends At Shuang-Bang Industrial (GTSM:6506)
Feb 17Is Shuang-Bang Industrial Corp. (GTSM:6506) A Smart Choice For Dividend Investors?
Jan 27Is Shuang-Bang Industrial Corp.'s (GTSM:6506) Recent Performancer Underpinned By Weak Financials?
Jan 06Shuang-Bang Industrial (GTSM:6506) Has A Somewhat Strained Balance Sheet
Dec 09Financial Position Analysis
Short Term Liabilities: 6506's short term assets (NT$856.0M) exceed its short term liabilities (NT$598.6M).
Long Term Liabilities: 6506's short term assets (NT$856.0M) exceed its long term liabilities (NT$670.0M).
Debt to Equity History and Analysis
Debt Level: 6506's net debt to equity ratio (61%) is considered high.
Reducing Debt: 6506's debt to equity ratio has increased from 64.3% to 69.9% over the past 5 years.
Debt Coverage: 6506's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: 6506's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:18 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shuang-Bang Industrial Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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