Shiny Chemical Industrial Balance Sheet Health
Financial Health criteria checks 4/6
Shiny Chemical Industrial has a total shareholder equity of NT$9.3B and total debt of NT$4.1B, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are NT$15.4B and NT$6.1B respectively. Shiny Chemical Industrial's EBIT is NT$2.1B making its interest coverage ratio 45.5. It has cash and short-term investments of NT$263.2M.
Key information
43.6%
Debt to equity ratio
NT$4.06b
Debt
| Interest coverage ratio | 45.5x |
| Cash | NT$263.17m |
| Equity | NT$9.32b |
| Total liabilities | NT$6.11b |
| Total assets | NT$15.43b |
Recent financial health updates
Is Shiny Chemical Industrial (TWSE:1773) A Risky Investment?
Oct 14
These 4 Measures Indicate That Shiny Chemical Industrial (TWSE:1773) Is Using Debt Reasonably Well
Jun 26We Think Shiny Chemical Industrial (TWSE:1773) Is Taking Some Risk With Its Debt
Mar 24Shiny Chemical Industrial (TPE:1773) Seems To Use Debt Quite Sensibly
Apr 21We Think Shiny Chemical Industrial (TPE:1773) Can Stay On Top Of Its Debt
Jan 11
Recent updates
Is Shiny Chemical Industrial (TWSE:1773) A Risky Investment?
Oct 14Shiny Chemical Industrial Co., Ltd.'s (TWSE:1773) Shares May Have Run Too Fast Too Soon
Sep 25Return Trends At Shiny Chemical Industrial (TWSE:1773) Aren't Appealing
Sep 08These 4 Measures Indicate That Shiny Chemical Industrial (TWSE:1773) Is Using Debt Reasonably Well
Jun 26Shiny Chemical Industrial (TWSE:1773) Might Be Having Difficulty Using Its Capital Effectively
May 22We Think Shiny Chemical Industrial (TWSE:1773) Is Taking Some Risk With Its Debt
Mar 24Subdued Growth No Barrier To Shiny Chemical Industrial Co., Ltd. (TWSE:1773) With Shares Advancing 36%
Mar 06Shiny Chemical Industrial (TPE:1773) Seems To Use Debt Quite Sensibly
Apr 21Do Shiny Chemical Industrial's (TPE:1773) Earnings Warrant Your Attention?
Apr 09A Look At The Fair Value Of Shiny Chemical Industrial Company Limited (TPE:1773)
Mar 16Could Shiny Chemical Industrial Company Limited (TPE:1773) Have The Makings Of Another Dividend Aristocrat?
Mar 04Shiny Chemical Industrial (TPE:1773) Has Rewarded Shareholders With An Exceptional 308% Total Return On Their Investment
Feb 19Shiny Chemical Industrial Company Limited's (TPE:1773) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Feb 06Under The Bonnet, Shiny Chemical Industrial's (TPE:1773) Returns Look Impressive
Jan 24We Think Shiny Chemical Industrial (TPE:1773) Can Stay On Top Of Its Debt
Jan 11If You Like EPS Growth Then Check Out Shiny Chemical Industrial (TPE:1773) Before It's Too Late
Dec 29Here's What Shiny Chemical Industrial Company Limited's (TPE:1773) Shareholder Ownership Structure Looks Like
Dec 16Should You Buy Shiny Chemical Industrial Company Limited (TPE:1773) For Its Dividend?
Dec 03Did You Participate In Any Of Shiny Chemical Industrial's (TPE:1773) Fantastic 292% Return ?
Nov 20Financial Position Analysis
Short Term Liabilities: 1773's short term assets (NT$3.8B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 1773's short term assets (NT$3.8B) exceed its long term liabilities (NT$3.3B).
Debt to Equity History and Analysis
Debt Level: 1773's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: 1773's debt to equity ratio has increased from 20.6% to 43.6% over the past 5 years.
Debt Coverage: 1773's debt is well covered by operating cash flow (57.3%).
Interest Coverage: 1773's interest payments on its debt are well covered by EBIT (45.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:44 |
| 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
Shiny Chemical Industrial Co., Ltd. is covered by 3 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 |
|---|---|
| Ann Chang | Jih Sun Securities Investment Consulting Co., Ltd. |
| Tom Chang | Polaris Securities Co. Ltd. |
| Felix Hsu | Yuanta Research |