Sinkang Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sinkang Industries has a total shareholder equity of NT$1.7B and total debt of NT$12.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are NT$1.9B and NT$231.3M respectively.
Key information
0.7%
Debt to equity ratio
NT$12.02m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$203.80m |
| Equity | NT$1.66b |
| Total liabilities | NT$231.30m |
| Total assets | NT$1.89b |
Recent financial health updates
Is Sinkang Industries (TPE:2032) A Risky Investment?
Mar 15
Is Sinkang Industries (TPE:2032) A Risky Investment?
Dec 15Recent updates
Sinkang Industries (TPE:2032) Might Have The Makings Of A Multi-Bagger
Apr 20Is Sinkang Industries (TPE:2032) A Risky Investment?
Mar 15Does Sinkang Industries Co., Ltd.'s (TPE:2032) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Feb 25Should You Buy Sinkang Industries Co., Ltd. (TPE:2032) For Its 2.8% Dividend?
Feb 07
What Do The Returns At Sinkang Industries (TPE:2032) Mean Going Forward?
Jan 19Sinkang Industries (TPE:2032) Has Gifted Shareholders With A Fantastic 125% Total Return On Their Investment
Jan 01Is Sinkang Industries (TPE:2032) A Risky Investment?
Dec 15Sinkang Industries Co., Ltd.'s (TPE:2032) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?
Nov 27Financial Position Analysis
Short Term Liabilities: 2032's short term assets (NT$1.1B) exceed its short term liabilities (NT$80.2M).
Long Term Liabilities: 2032's short term assets (NT$1.1B) exceed its long term liabilities (NT$151.1M).
Debt to Equity History and Analysis
Debt Level: 2032 has more cash than its total debt.
Reducing Debt: 2032's debt to equity ratio has reduced from 1.6% to 0.7% over the past 5 years.
Debt Coverage: 2032's debt is well covered by operating cash flow (706.3%).
Interest Coverage: Insufficient data to determine if 2032's interest payments on its debt are well covered by EBIT.