Century Iron and Steel IndustrialLtd Balance Sheet Health
Financial Health criteria checks 3/6
Century Iron and Steel IndustrialLtd has a total shareholder equity of NT$13.7B and total debt of NT$14.4B, which brings its debt-to-equity ratio to 105%. Its total assets and total liabilities are NT$35.5B and NT$21.8B respectively. Century Iron and Steel IndustrialLtd's EBIT is NT$2.0B making its interest coverage ratio 7.2. It has cash and short-term investments of NT$2.0B.
Key information
105.0%
Debt to equity ratio
NT$14.35b
Debt
| Interest coverage ratio | 7.2x |
| Cash | NT$2.00b |
| Equity | NT$13.68b |
| Total liabilities | NT$21.82b |
| Total assets | NT$35.50b |
Recent financial health updates
Recent updates
Here's Why Century Iron and Steel IndustrialLtd (TWSE:9958) Has A Meaningful Debt Burden
Apr 22
Century Iron and Steel Industrial Co.,Ltd. (TWSE:9958) Not Lagging Market On Growth Or Pricing
Apr 02Century Iron and Steel IndustrialLtd's (TWSE:9958) Promising Earnings May Rest On Soft Foundations
Mar 15With EPS Growth And More, Century Iron and Steel IndustrialLtd (TPE:9958) Is Interesting
Apr 08Should You Rely On Century Iron and Steel IndustrialLtd's (TPE:9958) Earnings Growth?
Dec 24
With EPS Growth And More, Century Iron and Steel IndustrialLtd (TPE:9958) Is Interesting
Nov 26Financial Position Analysis
Short Term Liabilities: 9958's short term assets (NT$14.4B) exceed its short term liabilities (NT$8.4B).
Long Term Liabilities: 9958's short term assets (NT$14.4B) exceed its long term liabilities (NT$13.4B).
Debt to Equity History and Analysis
Debt Level: 9958's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: 9958's debt to equity ratio has increased from 88.9% to 105% over the past 5 years.
Debt Coverage: 9958's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9958's interest payments on its debt are well covered by EBIT (7.2x coverage).