Shin Shin Co Balance Sheet Health
Financial Health criteria checks 6/6
Shin Shin Co has a total shareholder equity of NT$880.4M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$1.0B and NT$132.4M respectively. Shin Shin Co's EBIT is NT$26.5M making its interest coverage ratio -4.5. It has cash and short-term investments of NT$452.4M.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -4.5x |
| Cash | NT$452.43m |
| Equity | NT$880.35m |
| Total liabilities | NT$132.43m |
| Total assets | NT$1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2901's short term assets (NT$470.0M) exceed its short term liabilities (NT$63.1M).
Long Term Liabilities: 2901's short term assets (NT$470.0M) exceed its long term liabilities (NT$69.3M).
Debt to Equity History and Analysis
Debt Level: 2901 is debt free.
Reducing Debt: 2901 has not had any debt for past 5 years.
Debt Coverage: 2901 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2901 has no debt, therefore coverage of interest payments is not a concern.