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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 08:35 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Shin Ruenn development Co., LTD is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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