Yeou Yih Steel Balance Sheet Health
Financial Health criteria checks 5/6
Yeou Yih Steel has a total shareholder equity of NT$1.1B and total debt of NT$276.9M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are NT$1.6B and NT$576.9M respectively. Yeou Yih Steel's EBIT is NT$89.8M making its interest coverage ratio 45.8. It has cash and short-term investments of NT$162.5M.
Key information
26.2%
Debt to equity ratio
NT$276.87m
Debt
| Interest coverage ratio | 45.8x |
| Cash | NT$162.47m |
| Equity | NT$1.06b |
| Total liabilities | NT$576.90m |
| Total assets | NT$1.63b |
Financial Position Analysis
Short Term Liabilities: 9962's short term assets (NT$1.2B) exceed its short term liabilities (NT$565.2M).
Long Term Liabilities: 9962's short term assets (NT$1.2B) exceed its long term liabilities (NT$11.7M).
Debt to Equity History and Analysis
Debt Level: 9962's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 9962's debt to equity ratio has increased from 1.9% to 26.2% over the past 5 years.
Debt Coverage: 9962's debt is well covered by operating cash flow (21.5%).
Interest Coverage: 9962's interest payments on its debt are well covered by EBIT (45.8x coverage).