Shining Building BusinessLtd Balance Sheet Health
Financial Health criteria checks 2/6
Shining Building BusinessLtd has a total shareholder equity of NT$10.5B and total debt of NT$22.4B, which brings its debt-to-equity ratio to 212.8%. Its total assets and total liabilities are NT$41.1B and NT$30.5B respectively.
Key information
212.8%
Debt to equity ratio
NT$22.40b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$363.64m |
| Equity | NT$10.52b |
| Total liabilities | NT$30.53b |
| Total assets | NT$41.06b |
Recent financial health updates
Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Apr 13
Shining Building BusinessLtd (TPE:5531) Has A Somewhat Strained Balance Sheet
Dec 08
Recent updates
Shining 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$21.3B) exceed its short term liabilities (NT$17.9B).
Long Term Liabilities: 5531's short term assets (NT$21.3B) exceed its long term liabilities (NT$12.7B).
Debt to Equity History and Analysis
Debt Level: 5531's net debt to equity ratio (209.4%) is considered high.
Reducing Debt: 5531's debt to equity ratio has increased from 167.5% to 212.8% 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.