Shiny Chemical Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Shiny Chemical Industrial has a total shareholder equity of NT$9.1B and total debt of NT$3.0B, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are NT$14.4B and NT$5.3B respectively. Shiny Chemical Industrial's EBIT is NT$1.9B making its interest coverage ratio 129.6. It has cash and short-term investments of NT$323.2M.
Key information
32.4%
Debt to equity ratio
NT$2.96b
Debt
Interest coverage ratio | 129.6x |
Cash | NT$323.22m |
Equity | NT$9.12b |
Total liabilities | NT$5.30b |
Total assets | NT$14.43b |
Recent financial health updates
We 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 11Recent updates
Shiny 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$3.4B) exceed its short term liabilities (NT$3.4B).
Long Term Liabilities: 1773's short term assets (NT$3.4B) exceed its long term liabilities (NT$1.9B).
Debt to Equity History and Analysis
Debt Level: 1773's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: 1773's debt to equity ratio has increased from 0% to 32.4% over the past 5 years.
Debt Coverage: 1773's debt is well covered by operating cash flow (83.8%).
Interest Coverage: 1773's interest payments on its debt are well covered by EBIT (129.6x coverage).