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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2348A's short term assets (NT$30.9B) exceed its short term liabilities (NT$10.2B).
Long Term Liabilities: 2348A's short term assets (NT$30.9B) exceed its long term liabilities (NT$20.4B).
Debt to Equity History and Analysis
Debt Level: 2348A's net debt to equity ratio (173.1%) is considered high.
Reducing Debt: 2348A's debt to equity ratio has increased from 139.2% to 234% over the past 5 years.
Debt Coverage: 2348A's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2348A's interest payments on its debt are well covered by EBIT (20.9x coverage).