Quintain Steel Balance Sheet Health
Financial Health criteria checks 3/6
Quintain Steel has a total shareholder equity of NT$7.3B and total debt of NT$3.8B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are NT$11.9B and NT$4.6B respectively.
Key information
52.7%
Debt to equity ratio
NT$3.84b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.55b |
| Equity | NT$7.28b |
| Total liabilities | NT$4.64b |
| Total assets | NT$11.92b |
Recent financial health updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Quintain Steel Co., LTD. (TWSE:2017)
Aug 05
Quintain Steel's (TWSE:2017) Anemic Earnings Might Be Worse Than You Think
May 21Quintain Steel (TPE:2017) Has Debt But No Earnings; Should You Worry?
Feb 11Did You Participate In Any Of Quintain Steel's (TPE:2017) Fantastic 109% Return ?
Dec 21Financial Position Analysis
Short Term Liabilities: 2017's short term assets (NT$4.1B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 2017's short term assets (NT$4.1B) exceed its long term liabilities (NT$1.8B).
Debt to Equity History and Analysis
Debt Level: 2017's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: 2017's debt to equity ratio has increased from 52.5% to 52.7% over the past 5 years.
Debt Coverage: 2017's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: Insufficient data to determine if 2017's interest payments on its debt are well covered by EBIT.