Hi-Yes International Balance Sheet Health
Financial Health criteria checks 3/6
Hi-Yes International has a total shareholder equity of NT$8.4B and total debt of NT$15.1B, which brings its debt-to-equity ratio to 180.7%. Its total assets and total liabilities are NT$30.1B and NT$21.8B respectively. Hi-Yes International's EBIT is NT$1.9B making its interest coverage ratio 13. It has cash and short-term investments of NT$5.4B.
Key information
180.7%
Debt to equity ratio
NT$15.10b
Debt
| Interest coverage ratio | 13x |
| Cash | NT$5.38b |
| Equity | NT$8.36b |
| Total liabilities | NT$21.79b |
| Total assets | NT$30.14b |
Recent financial health updates
Recent updates
Hi-Yes International's (TWSE:2348) Earnings Are Of Questionable Quality
Apr 05
Hi-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$22.2B) exceed its short term liabilities (NT$7.1B).
Long Term Liabilities: 2348's short term assets (NT$22.2B) exceed its long term liabilities (NT$14.7B).
Debt to Equity History and Analysis
Debt Level: 2348's net debt to equity ratio (116.3%) is considered high.
Reducing Debt: 2348's debt to equity ratio has increased from 50% to 180.7% over the past 5 years.
Debt Coverage: 2348's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: 2348's interest payments on its debt are well covered by EBIT (13x coverage).