Shin Ruenn development Balance Sheet Health
Financial Health criteria checks 4/6
Shin Ruenn development has a total shareholder equity of NT$3.3B and total debt of NT$12.7B, which brings its debt-to-equity ratio to 388.5%. Its total assets and total liabilities are NT$21.7B and NT$18.4B respectively. Shin Ruenn development's EBIT is NT$839.6M making its interest coverage ratio -64. It has cash and short-term investments of NT$1.1B.
Key information
388.5%
Debt to equity ratio
NT$12.69b
Debt
| Interest coverage ratio | -64x |
| Cash | NT$1.08b |
| Equity | NT$3.27b |
| Total liabilities | NT$18.43b |
| Total assets | NT$21.70b |
Recent financial health updates
No updates
Recent updates
Is Shin Ruenn development Co., LTD (GTSM:6186) A Strong Dividend Stock?
Apr 17
Estimating The Fair Value Of Shin Ruenn development Co., LTD (GTSM:6186)
Jan 18
Why Shin Ruenn development Co., LTD (GTSM:6186) Looks Like A Quality Company
Dec 21Shin Ruenn development (GTSM:6186) Has Gifted Shareholders With A Fantastic 132% Total Return On Their Investment
Nov 29Financial Position Analysis
Short Term Liabilities: 6186's short term assets (NT$20.8B) exceed its short term liabilities (NT$16.6B).
Long Term Liabilities: 6186's short term assets (NT$20.8B) exceed its long term liabilities (NT$1.8B).
Debt to Equity History and Analysis
Debt Level: 6186's net debt to equity ratio (355.6%) is considered high.
Reducing Debt: 6186's debt to equity ratio has reduced from 391.9% to 388.5% over the past 5 years.
Debt Coverage: 6186's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 6186 earns more interest than it pays, so coverage of interest payments is not a concern.