Sung GangLimited Balance Sheet Health
Financial Health criteria checks 5/6
Sung GangLimited has a total shareholder equity of NT$447.1M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.0B and NT$576.6M respectively.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | n/a |
| Cash | NT$241.15m |
| Equity | NT$447.15m |
| Total liabilities | NT$576.56m |
| Total assets | NT$1.02b |
Financial Position Analysis
Short Term Liabilities: 6240's short term assets (NT$265.7M) do not cover its short term liabilities (NT$407.2M).
Long Term Liabilities: 6240's short term assets (NT$265.7M) exceed its long term liabilities (NT$169.4M).
Debt to Equity History and Analysis
Debt Level: 6240 is debt free.
Reducing Debt: 6240 has no debt compared to 5 years ago when its debt to equity ratio was 21.4%.
Debt Coverage: 6240 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6240 has no debt, therefore coverage of interest payments is not a concern.