Kao Hsing Chang Iron & Steel Balance Sheet Health
Financial Health criteria checks 1/6
Kao Hsing Chang Iron & Steel has a total shareholder equity of NT$3.6B and total debt of NT$3.8B, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are NT$7.7B and NT$4.2B respectively. Kao Hsing Chang Iron & Steel's EBIT is NT$113.8M making its interest coverage ratio 2.2. It has cash and short-term investments of NT$1.4B.
Key information
107.7%
Debt to equity ratio
NT$3.84b
Debt
| Interest coverage ratio | 2.2x |
| Cash | NT$1.36b |
| Equity | NT$3.56b |
| Total liabilities | NT$4.18b |
| Total assets | NT$7.74b |
Recent financial health updates
Recent updates
Optimistic Investors Push Kao Hsing Chang Iron & Steel Corp. (TWSE:2008) Shares Up 30% But Growth Is Lacking
Aug 27
Returns Are Gaining Momentum At Kao Hsing Chang Iron & Steel (TWSE:2008)
May 03Kao Hsing Chang Iron & Steel (TWSE:2008) Is Posting Solid Earnings, But It Is Not All Good News
Mar 20A Look At The Fair Value Of Kao Hsing Chang Iron & Steel Corp. (TPE:2008)
Apr 01We Think Kao Hsing Chang Iron & Steel (TPE:2008) Has A Fair Chunk Of Debt
Feb 26Can You Imagine How Jubilant Kao Hsing Chang Iron & Steel's (TPE:2008) Shareholders Feel About Its 135% Share Price Gain?
Jan 04
Financial Position Analysis
Short Term Liabilities: 2008's short term assets (NT$2.1B) exceed its short term liabilities (NT$2.0B).
Long Term Liabilities: 2008's short term assets (NT$2.1B) do not cover its long term liabilities (NT$2.2B).
Debt to Equity History and Analysis
Debt Level: 2008's net debt to equity ratio (69.6%) is considered high.
Reducing Debt: 2008's debt to equity ratio has increased from 103.5% to 107.7% over the past 5 years.
Debt Coverage: 2008's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 2008's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:04 |
| 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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Industry and Sector Metrics
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Analyst Sources
Kao Hsing Chang Iron & Steel 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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