Shin Ruenn development Co., LTD

TPEX:6186 Stock Report

Market Cap: NT$10.6b

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
CashNT$1.08b
EquityNT$3.27b
Total liabilitiesNT$18.43b
Total assetsNT$21.70b

Recent financial health updates

No updates

Recent updates

Is Shin Ruenn development Co., LTD (GTSM:6186) A Strong Dividend Stock?

Apr 17
Is Shin Ruenn development Co., LTD (GTSM:6186) A Strong Dividend Stock?

Estimating The Fair Value Of Shin Ruenn development Co., LTD (GTSM:6186)

Jan 18
Estimating The Fair Value Of Shin Ruenn development Co., LTD (GTSM:6186)

Why Shin Ruenn development Co., LTD (GTSM:6186) Looks Like A Quality Company

Dec 21
Why Shin Ruenn development Co., LTD (GTSM:6186) Looks Like A Quality Company

Shin Ruenn development (GTSM:6186) Has Gifted Shareholders With A Fantastic 132% Total Return On Their Investment

Nov 29
Shin Ruenn development (GTSM:6186) Has Gifted Shareholders With A Fantastic 132% Total Return On Their Investment

Financial 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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