Evergreen Steel Balance Sheet Health
Financial Health criteria checks 5/6
Evergreen Steel has a total shareholder equity of NT$29.5B and total debt of NT$2.8B, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are NT$38.6B and NT$9.1B respectively. Evergreen Steel's EBIT is NT$2.8B making its interest coverage ratio -1.9. It has cash and short-term investments of NT$4.6B.
Key information
9.4%
Debt to equity ratio
NT$2.78b
Debt
| Interest coverage ratio | -1.9x |
| Cash | NT$4.63b |
| Equity | NT$29.54b |
| Total liabilities | NT$9.08b |
| Total assets | NT$38.62b |
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$14.2B) exceed its short term liabilities (NT$6.0B).
Long Term Liabilities: 2211's short term assets (NT$14.2B) 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 4.2% to 9.4% over the past 5 years.
Debt Coverage: 2211's debt is well covered by operating cash flow (102.7%).
Interest Coverage: 2211 earns more interest than it pays, so coverage of interest payments is not a concern.