Shining Building BusinessLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shining Building BusinessLtd has a total shareholder equity of NT$10.0B and total debt of NT$21.5B, which brings its debt-to-equity ratio to 216%. Its total assets and total liabilities are NT$42.6B and NT$32.6B respectively.
Key information
216.0%
Debt to equity ratio
NT$21.52b
Debt
Interest coverage ratio | n/a |
Cash | NT$274.37m |
Equity | NT$9.96b |
Total liabilities | NT$32.64b |
Total assets | NT$42.60b |
Recent financial health updates
Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Apr 13Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Dec 08Recent updates
Revenues Working Against Shining Building Business Co.,Ltd.'s (TWSE:5531) Share Price
Aug 09Shining Building Business Co.,Ltd.'s (TWSE:5531) 35% Price Boost Is Out Of Tune With Revenues
Apr 29Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Apr 13Is Shining Building Business Co.,Ltd.'s (TPE:5531) 7.9% ROE Better Than Average?
Mar 09Shining Building BusinessLtd (TPE:5531) Shareholders Booked A 45% Gain In The Last Five Years
Feb 01Here's Why We Don't Think Shining Building BusinessLtd's (TPE:5531) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 05Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Dec 08Financial Position Analysis
Short Term Liabilities: 5531's short term assets (NT$23.0B) exceed its short term liabilities (NT$20.2B).
Long Term Liabilities: 5531's short term assets (NT$23.0B) exceed its long term liabilities (NT$12.4B).
Debt to Equity History and Analysis
Debt Level: 5531's net debt to equity ratio (213.3%) is considered high.
Reducing Debt: 5531's debt to equity ratio has increased from 173.6% to 216% over the past 5 years.
Debt Coverage: 5531's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 5531's interest payments on its debt are well covered by EBIT.