Hi-Yes International Balance Sheet Health
Financial Health criteria checks 3/6
Hi-Yes International has a total shareholder equity of NT$9.8B and total debt of NT$23.0B, which brings its debt-to-equity ratio to 234%. Its total assets and total liabilities are NT$40.4B and NT$30.6B respectively. Hi-Yes International's EBIT is NT$3.3B making its interest coverage ratio 20.9. It has cash and short-term investments of NT$6.0B.
Key information
234.0%
Debt to equity ratio
NT$22.97b
Debt
| Interest coverage ratio | 20.9x |
| Cash | NT$5.98b |
| Equity | NT$9.81b |
| Total liabilities | NT$30.60b |
| Total assets | NT$40.42b |
Recent financial health updates
Hi-Yes International (TWSE:2348) Has A Pretty Healthy Balance Sheet
Jul 04
Hiyes International (TPE:2348) Seems To Use Debt Quite Sensibly
Feb 14Recent updates
Hi-Yes International's (TWSE:2348) Performance Raises Some Questions
Nov 22Hi-Yes International Co., Ltd.'s (TWSE:2348) 26% Dip In Price Shows Sentiment Is Matching Earnings
Sep 11Here's Why We Think Hi-Yes International (TWSE:2348) Is Well Worth Watching
Sep 03Hi-Yes International's (TWSE:2348) Dividend Will Be Increased To NT$6.94
Jul 29Hi-Yes International Co., Ltd. (TWSE:2348) Surges 32% Yet Its Low P/E Is No Reason For Excitement
Jul 16Hi-Yes International's (TWSE:2348) Dividend Will Be Increased To NT$6.94
Jul 15Hi-Yes International (TWSE:2348) Has A Pretty Healthy Balance Sheet
Jul 04Hi-Yes International Co., Ltd.'s (TWSE:2348) Shares Bounce 40% But Its Business Still Trails The Market
May 05Hi-Yes International's (TWSE:2348) Earnings Are Of Questionable Quality
Apr 05Hi-Yes International Co., Ltd. (TWSE:2348) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 18Three Things You Should Check Before Buying Hiyes International Co., Ltd. (TPE:2348) For Its Dividend
Mar 28Is Hiyes International Co., Ltd.'s (TPE:2348) ROE Of 41% Impressive?
Mar 07Hiyes International (TPE:2348) Seems To Use Debt Quite Sensibly
Feb 14Did You Participate In Any Of Hiyes International's (TPE:2348) Incredible 303% Return?
Jan 28Three Things You Should Check Before Buying Hiyes International Co., Ltd. (TPE:2348) For Its Dividend
Dec 24Hiyes International Co., Ltd. (TPE:2348) Delivered A Better ROE Than Its Industry
Dec 06
Financial Position Analysis
Short Term Liabilities: 2348's short term assets (NT$30.9B) exceed its short term liabilities (NT$10.2B).
Long Term Liabilities: 2348's short term assets (NT$30.9B) exceed its long term liabilities (NT$20.4B).
Debt to Equity History and Analysis
Debt Level: 2348's net debt to equity ratio (173.1%) is considered high.
Reducing Debt: 2348's debt to equity ratio has increased from 139.2% to 234% over the past 5 years.
Debt Coverage: 2348's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2348's interest payments on its debt are well covered by EBIT (20.9x coverage).