Shihlin Paper Balance Sheet Health
Financial Health criteria checks 3/6
Shihlin Paper has a total shareholder equity of NT$4.3B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are NT$8.7B and NT$4.4B respectively.
Key information
61.9%
Debt to equity ratio
NT$2.66b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$2.33b |
| Equity | NT$4.30b |
| Total liabilities | NT$4.41b |
| Total assets | NT$8.71b |
Financial Position Analysis
Short Term Liabilities: 1903's short term assets (NT$2.4B) do not cover its short term liabilities (NT$2.5B).
Long Term Liabilities: 1903's short term assets (NT$2.4B) exceed its long term liabilities (NT$1.9B).
Debt to Equity History and Analysis
Debt Level: 1903's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: 1903's debt to equity ratio has reduced from 84% to 61.9% over the past 5 years.
Debt Coverage: 1903's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: Insufficient data to determine if 1903's interest payments on its debt are well covered by EBIT.