Hi-Yes International Balance Sheet Health
Financial Health criteria checks 4/6
Hi-Yes International has a total shareholder equity of NT$9.4B and total debt of NT$15.0B, which brings its debt-to-equity ratio to 159.6%. Its total assets and total liabilities are NT$31.1B and NT$21.7B respectively. Hi-Yes International's EBIT is NT$2.8B making its interest coverage ratio 19.1. It has cash and short-term investments of NT$5.1B.
Key information
159.6%
Debt to equity ratio
NT$15.00b
Debt
Interest coverage ratio | 19.1x |
Cash | NT$5.05b |
Equity | NT$9.40b |
Total liabilities | NT$21.68b |
Total assets | NT$31.08b |
Recent financial health updates
Hi-Yes International (TWSE:2348) Has A Pretty Healthy Balance Sheet
Jul 04Hiyes International (TPE:2348) Seems To Use Debt Quite Sensibly
Feb 14Recent updates
Hi-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 06Financial Position Analysis
Short Term Liabilities: 2348's short term assets (NT$22.1B) exceed its short term liabilities (NT$9.2B).
Long Term Liabilities: 2348's short term assets (NT$22.1B) exceed its long term liabilities (NT$12.5B).
Debt to Equity History and Analysis
Debt Level: 2348's net debt to equity ratio (105.8%) is considered high.
Reducing Debt: 2348's debt to equity ratio has increased from 56.1% to 159.6% over the past 5 years.
Debt Coverage: 2348's debt is well covered by operating cash flow (25.5%).
Interest Coverage: 2348's interest payments on its debt are well covered by EBIT (19.1x coverage).