Yuen Chang Stainless Steel Balance Sheet Health
Financial Health criteria checks 2/6
Yuen Chang Stainless Steel has a total shareholder equity of NT$3.8B and total debt of NT$4.4B, which brings its debt-to-equity ratio to 117.1%. Its total assets and total liabilities are NT$8.7B and NT$4.9B respectively.
Key information
117.1%
Debt to equity ratio
NT$4.42b
Debt
Interest coverage ratio | n/a |
Cash | NT$227.91m |
Equity | NT$3.78b |
Total liabilities | NT$4.90b |
Total assets | NT$8.68b |
Recent financial health updates
Yuen Chang Stainless Steel (TPE:2069) Seems To Be Using A Lot Of Debt
Apr 12We Think Yuen Chang Stainless Steel (TPE:2069) Is Taking Some Risk With Its Debt
Dec 12Recent updates
Yuen Chang Stainless Steel (TPE:2069) Seems To Be Using A Lot Of Debt
Apr 12Yuen Chang Stainless Steel Co., Ltd. (TPE:2069) Investors Are Less Pessimistic Than Expected
Mar 25Does Yuen Chang Stainless Steel Co., Ltd. (TPE:2069) Have A Place In Your Dividend Stock Portfolio?
Mar 01Returns On Capital At Yuen Chang Stainless Steel (TPE:2069) Paint An Interesting Picture
Feb 02Yuen Chang Stainless Steel's (TPE:2069) Stock Price Has Reduced 29% In The Past Three Years
Jan 07We Think Yuen Chang Stainless Steel (TPE:2069) Is Taking Some Risk With Its Debt
Dec 12Financial Position Analysis
Short Term Liabilities: 2069's short term assets (NT$4.0B) exceed its short term liabilities (NT$3.8B).
Long Term Liabilities: 2069's short term assets (NT$4.0B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 2069's net debt to equity ratio (111%) is considered high.
Reducing Debt: 2069's debt to equity ratio has increased from 108.6% to 117.1% over the past 5 years.
Debt Coverage: 2069's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2069's interest payments on its debt are well covered by EBIT.