Sheng Yu Steel Balance Sheet Health
Financial Health criteria checks 6/6
Sheng Yu Steel has a total shareholder equity of NT$10.0B and total debt of NT$56.7M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are NT$10.9B and NT$893.2M respectively. Sheng Yu Steel's EBIT is NT$748.5M making its interest coverage ratio -11.4. It has cash and short-term investments of NT$5.1B.
Key information
0.6%
Debt to equity ratio
NT$56.70m
Debt
| Interest coverage ratio | -11.4x |
| Cash | NT$5.11b |
| Equity | NT$10.02b |
| Total liabilities | NT$893.17m |
| Total assets | NT$10.91b |
Recent financial health updates
Recent updates
Should You Or Shouldn't You: A Dividend Analysis on Sheng Yu Steel Co., Ltd. (TPE:2029)
Apr 21
Are 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$7.9B) exceed its short term liabilities (NT$818.5M).
Long Term Liabilities: 2029's short term assets (NT$7.9B) exceed its long term liabilities (NT$74.7M).
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 0.7% to 0.6% over the past 5 years.
Debt Coverage: 2029's debt is well covered by operating cash flow (2163.9%).
Interest Coverage: 2029 earns more interest than it pays, so coverage of interest payments is not a concern.