Chun Yuan Steel Industry Balance Sheet Health
Financial Health criteria checks 5/6
Chun Yuan Steel Industry has a total shareholder equity of NT$12.1B and total debt of NT$5.0B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are NT$20.3B and NT$8.2B respectively. Chun Yuan Steel Industry's EBIT is NT$927.9M making its interest coverage ratio 14.2. It has cash and short-term investments of NT$671.0M.
Key information
41.1%
Debt to equity ratio
NT$4.95b
Debt
| Interest coverage ratio | 14.2x |
| Cash | NT$671.00m |
| Equity | NT$12.06b |
| Total liabilities | NT$8.24b |
| Total assets | NT$20.30b |
Recent financial health updates
Recent updates
There's No Escaping Chun Yuan Steel Industry Co., Ltd.'s (TWSE:2010) Muted Earnings Despite A 25% Share Price Rise
Apr 09
Here's Why I Think Chun Yuan Steel Industry (TPE:2010) Is An Interesting Stock
Apr 12Factors Income Investors Should Consider Before Adding Chun Yuan Steel Industry Co., Ltd. (TPE:2010) To Their Portfolio
Mar 11We Like These Underlying Trends At Chun Yuan Steel Industry (TPE:2010)
Feb 21These 4 Measures Indicate That Chun Yuan Steel Industry (TPE:2010) Is Using Debt Reasonably Well
Jan 31Did You Participate In Any Of Chun Yuan Steel Industry's (TPE:2010) Respectable 96% Return?
Jan 11
Chun Yuan Steel Industry Co., Ltd.'s (TPE:2010) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Dec 24How Does Chun Yuan Steel Industry Co., Ltd. (TPE:2010) Fare As A Dividend Stock?
Dec 06Financial Position Analysis
Short Term Liabilities: 2010's short term assets (NT$12.9B) exceed its short term liabilities (NT$6.9B).
Long Term Liabilities: 2010's short term assets (NT$12.9B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 2010's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: 2010's debt to equity ratio has increased from 40.1% to 41.1% over the past 5 years.
Debt Coverage: 2010's debt is well covered by operating cash flow (45.3%).
Interest Coverage: 2010's interest payments on its debt are well covered by EBIT (14.2x coverage).