Sheng Yu Steel Balance Sheet Health
Financial Health criteria checks 6/6
Sheng Yu Steel has a total shareholder equity of NT$9.9B and total debt of NT$91.2M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are NT$11.3B and NT$1.4B respectively. Sheng Yu Steel's EBIT is NT$804.7M making its interest coverage ratio -10.6. It has cash and short-term investments of NT$4.4B.
Key information
0.9%
Debt to equity ratio
NT$91.15m
Debt
| Interest coverage ratio | -10.6x |
| Cash | NT$4.43b |
| Equity | NT$9.94b |
| Total liabilities | NT$1.40b |
| Total assets | NT$11.35b |
Recent financial health updates
Recent updates
Sheng Yu Steel (TWSE:2029) Is Increasing Its Dividend To NT$1.25
Jun 23
Sheng Yu Steel's (TWSE:2029) Upcoming Dividend Will Be Larger Than Last Year's
Jun 09Sheng Yu Steel (TWSE:2029) Has Announced That It Will Be Increasing Its Dividend To NT$1.25
May 26Sheng Yu Steel (TWSE:2029) Will Pay A Larger Dividend Than Last Year At NT$1.25
May 12Should You Or Shouldn't You: A Dividend Analysis on Sheng Yu Steel Co., Ltd. (TPE:2029)
Apr 21Are Investors Concerned With What's Going On At Sheng Yu Steel (TPE:2029)?
Mar 09We Think Sheng Yu Steel (TPE:2029) Can Manage Its Debt With Ease
Jan 31Sheng Yu Steel (TPE:2029) Has Compensated Shareholders With A Respectable 88% Return On Their Investment
Jan 04Is Sheng Yu Steel (TPE:2029) Headed For Trouble?
Dec 09Financial Position Analysis
Short Term Liabilities: 2029's short term assets (NT$8.3B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 2029's short term assets (NT$8.3B) exceed its long term liabilities (NT$68.3M).
Debt to Equity History and Analysis
Debt Level: 2029 has more cash than its total debt.
Reducing Debt: 2029's debt to equity ratio has reduced from 1.6% to 0.9% over the past 5 years.
Debt Coverage: 2029's debt is well covered by operating cash flow (285.2%).
Interest Coverage: 2029 earns more interest than it pays, so coverage of interest payments is not a concern.