Evergreen Steel Balance Sheet Health
Financial Health criteria checks 5/6
Evergreen Steel has a total shareholder equity of NT$28.7B and total debt of NT$2.8B, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are NT$40.0B and NT$11.3B respectively. Evergreen Steel's EBIT is NT$3.2B making its interest coverage ratio -8.7. It has cash and short-term investments of NT$5.3B.
Key information
9.7%
Debt to equity ratio
NT$2.78b
Debt
| Interest coverage ratio | -8.7x |
| Cash | NT$5.30b |
| Equity | NT$28.66b |
| Total liabilities | NT$11.34b |
| Total assets | NT$40.00b |
Recent financial health updates
Does Evergreen Steel (TWSE:2211) Have A Healthy Balance Sheet?
Sep 23
Is Evergreen Steel (TWSE:2211) A Risky Investment?
Apr 29Here's Why Evergreen Steel (GTSM:2211) Can Manage Its Debt Responsibly
Feb 20
Recent updates
Evergreen Steel Corp. (TWSE:2211) Screens Well But There Might Be A Catch
Oct 23Does Evergreen Steel (TWSE:2211) Have A Healthy Balance Sheet?
Sep 23Is Now The Time To Put Evergreen Steel (TWSE:2211) On Your Watchlist?
Aug 08Evergreen Steel's (TWSE:2211) Dividend Will Be Increased To NT$6.50
Jun 27Is Evergreen Steel (TWSE:2211) A Risky Investment?
Apr 29Evergreen Steel (TWSE:2211) Has More To Do To Multiply In Value Going Forward
Apr 08Do Evergreen Steel's (TWSE:2211) Earnings Warrant Your Attention?
Mar 04Is Evergreen Steel Corp. (GTSM:2211) An Attractive Dividend Stock?
Mar 15Here's Why Evergreen Steel (GTSM:2211) Can Manage Its Debt Responsibly
Feb 20Does Evergreen Steel's (GTSM:2211) Share Price Gain of 13% Match Its Business Performance?
Feb 05Has Evergreen Steel (GTSM:2211) Got What It Takes To Become A Multi-Bagger?
Jan 21Evergreen Steel Corp.'s (GTSM:2211) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Jan 06Is Evergreen Steel Corp. (GTSM:2211) A Good Dividend Stock?
Dec 15Should You Use Evergreen Steel's (GTSM:2211) Statutory Earnings To Analyse It?
Nov 24Financial Position Analysis
Short Term Liabilities: 2211's short term assets (NT$15.3B) exceed its short term liabilities (NT$8.2B).
Long Term Liabilities: 2211's short term assets (NT$15.3B) exceed its long term liabilities (NT$3.1B).
Debt to Equity History and Analysis
Debt Level: 2211 has more cash than its total debt.
Reducing Debt: 2211's debt to equity ratio has increased from 1.9% to 9.7% over the past 5 years.
Debt Coverage: 2211's debt is well covered by operating cash flow (105.9%).
Interest Coverage: 2211 earns more interest than it pays, so coverage of interest payments is not a concern.