Thye Ming Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Thye Ming Industrial has a total shareholder equity of NT$5.9B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$7.5B and NT$1.6B respectively. Thye Ming Industrial's EBIT is NT$1.2B making its interest coverage ratio -9.5. It has cash and short-term investments of NT$4.0B.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -9.5x |
Cash | NT$3.97b |
Equity | NT$5.86b |
Total liabilities | NT$1.64b |
Total assets | NT$7.50b |
Recent financial health updates
These 4 Measures Indicate That Thye Ming Industrial (TWSE:9927) Is Using Debt Safely
May 06Is Thye Ming Industrial (TPE:9927) Using Too Much Debt?
Dec 18Recent updates
These 4 Measures Indicate That Thye Ming Industrial (TWSE:9927) Is Using Debt Safely
May 06Thye Ming Industrial's (TWSE:9927) Earnings May Just Be The Starting Point
Mar 25Is Thye Ming Industrial (TPE:9927) Using Too Much Debt?
Dec 18Thye Ming Industrial Co., Ltd.'s (TPE:9927) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Nov 25Financial Position Analysis
Short Term Liabilities: 9927's short term assets (NT$6.5B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 9927's short term assets (NT$6.5B) exceed its long term liabilities (NT$308.2M).
Debt to Equity History and Analysis
Debt Level: 9927 is debt free.
Reducing Debt: 9927 has no debt compared to 5 years ago when its debt to equity ratio was 22.7%.
Debt Coverage: 9927 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9927 has no debt, therefore coverage of interest payments is not a concern.