Feng Hsin Steel Balance Sheet Health
Financial Health criteria checks 5/6
Feng Hsin Steel has a total shareholder equity of NT$20.5B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are NT$27.1B and NT$6.7B respectively. Feng Hsin Steel's EBIT is NT$2.7B making its interest coverage ratio -38.9. It has cash and short-term investments of NT$1.5B.
Key information
7.4%
Debt to equity ratio
NT$1.51b
Debt
Interest coverage ratio | -38.9x |
Cash | NT$1.46b |
Equity | NT$20.46b |
Total liabilities | NT$6.65b |
Total assets | NT$27.11b |
Recent financial health updates
Recent updates
Feng Hsin Steel's (TWSE:2015) Shareholders Will Receive A Smaller Dividend Than Last Year
Mar 05Feng Hsin SteelLtd (TPE:2015) Has More To Do To Multiply In Value Going Forward
Apr 08Is Feng Hsin Steel Co.,Ltd (TPE:2015) A Great Dividend Stock?
Mar 21Does Feng Hsin SteelLtd (TPE:2015) Have A Healthy Balance Sheet?
Mar 03Did You Participate In Any Of Feng Hsin SteelLtd's (TPE:2015) Fantastic 130% Return ?
Feb 13Feng Hsin Steel Co.,Ltd's (TPE:2015) Intrinsic Value Is Potentially 26% Below Its Share Price
Jan 29Feng Hsin Steel Co.,Ltd's (TPE:2015) Stock Is Going Strong: Have Financials A Role To Play?
Jan 14Is Feng Hsin SteelLtd (TPE:2015) A Future Multi-bagger?
Dec 30Here's How We Evaluate Feng Hsin Steel Co.,Ltd's (TPE:2015) Dividend
Dec 07Are Feng Hsin SteelLtd's (TPE:2015) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 22Financial Position Analysis
Short Term Liabilities: 2015's short term assets (NT$12.9B) exceed its short term liabilities (NT$6.3B).
Long Term Liabilities: 2015's short term assets (NT$12.9B) exceed its long term liabilities (NT$395.9M).
Debt to Equity History and Analysis
Debt Level: 2015's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 2015's debt to equity ratio has increased from 1.8% to 7.4% over the past 5 years.
Debt Coverage: 2015's debt is well covered by operating cash flow (96.4%).
Interest Coverage: 2015 earns more interest than it pays, so coverage of interest payments is not a concern.