Evergreen Steel Balance Sheet Health

Financial Health criteria checks 5/6

Evergreen Steel has a total shareholder equity of NT$28.9B and total debt of NT$2.9B, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are NT$37.6B and NT$8.7B respectively. Evergreen Steel's EBIT is NT$3.3B making its interest coverage ratio -2.2. It has cash and short-term investments of NT$6.2B.

Key information

10.1%

Debt to equity ratio

NT$2.93b

Debt

Interest coverage ratio	-2.2x
Cash	NT$6.24b
Equity	NT$28.91b
Total liabilities	NT$8.67b
Total assets	NT$37.58b

Recent financial health updates

Is Evergreen Steel (TWSE:2211) A Risky Investment?

Apr 29

Here's Why Evergreen Steel (GTSM:2211) Can Manage Its Debt Responsibly

Feb 20

Recent updates

Does Evergreen Steel's (GTSM:2211) Share Price Gain of 13% Match Its Business Performance?

Feb 05

Has Evergreen Steel (GTSM:2211) Got What It Takes To Become A Multi-Bagger?

Jan 21

Evergreen Steel Corp.'s (GTSM:2211) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Jan 06

Is Evergreen Steel Corp. (GTSM:2211) A Good Dividend Stock?

Dec 15

Should You Use Evergreen Steel's (GTSM:2211) Statutory Earnings To Analyse It?

Nov 24

Financial Position Analysis

Short Term Liabilities: 2211's short term assets (NT$15.0B) exceed its short term liabilities (NT$5.4B).

Long Term Liabilities: 2211's short term assets (NT$15.0B) exceed its long term liabilities (NT$3.3B).

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 10.1% over the past 5 years.

Debt Coverage: 2211's debt is well covered by operating cash flow (130.3%).

Interest Coverage: 2211 earns more interest than it pays, so coverage of interest payments is not a concern.

Evergreen Steel Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Is Evergreen Steel (TWSE:2211) A Risky Investment?

Here's Why Evergreen Steel (GTSM:2211) Can Manage Its Debt Responsibly

Recent updates

First quarter 2024 earnings released: EPS: NT$1.16 (vs NT$1.17 in 1Q 2023)

Evergreen Steel Corp. to Report Q1, 2024 Results on May 13, 2024

Is Evergreen Steel (TWSE:2211) A Risky Investment?

Evergreen Steel (TWSE:2211) Has More To Do To Multiply In Value Going Forward

Full year 2023 earnings released: EPS: NT$8.80 (vs NT$6.22 in FY 2022)

Investor sentiment improves as stock rises 15%

Do Evergreen Steel's (TWSE:2211) Earnings Warrant Your Attention?

Evergreen Steel Corp., Annual General Meeting, May 27, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of NT$5.00 per share at 7.7% yield

Evergreen Steel Corp. Approves Appointment of the Third Remuneration Committee Members

Evergreen Steel Corp. Approves Cash Dividend for the Year 2022

Price target increased by 12% to NT$65.00

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Evergreen Steel Corp., Annual General Meeting, Jun 20, 2023

Evergreen Steel Corp. Announces Corporate Governance Officer Changes

Consensus forecasts updated

Price target decreased to NT$58.00

Less than half of directors are independent

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 21% undervalued after recent price drop

Upcoming dividend of NT$3.00 per share

Consensus forecasts updated

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Evergreen Steel Corp. Announces Dismissal of the First Remuneration Committee Members

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to NT$76.00

Less than half of directors are independent

Evergreen Steel Corp. Announces Board Changes

Full year 2021 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 12%

Evergreen Steel Corp., Annual General Meeting, Jun 10, 2022

Third quarter 2021 earnings released: EPS NT$1.16 (vs NT$0.95 in 3Q 2020)

Price target decreased to NT$65.00

Upcoming dividend of NT$2.09 per share

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS NT$0.65 (vs NT$0.54 in 1Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS NT$2.65 (vs NT$2.44 in FY 2019)

Is Evergreen Steel Corp. (GTSM:2211) An Attractive Dividend Stock?

Investor sentiment improved over the past week

New 90-day high: NT$47.10

Here's Why Evergreen Steel (GTSM:2211) Can Manage Its Debt Responsibly

Does Evergreen Steel's (GTSM:2211) Share Price Gain of 13% Match Its Business Performance?

New 90-day low: NT$44.55

Has Evergreen Steel (GTSM:2211) Got What It Takes To Become A Multi-Bagger?

Evergreen Steel Corp.'s (GTSM:2211) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Is Evergreen Steel Corp. (GTSM:2211) A Good Dividend Stock?

Should You Use Evergreen Steel's (GTSM:2211) Statutory Earnings To Analyse It?

New 90-day high - NT$46.30

New 90-day high - NT$43.35

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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