ShunSin Technology Holdings Balance Sheet Health
Financial Health criteria checks 5/6
ShunSin Technology Holdings has a total shareholder equity of NT$7.2B and total debt of NT$6.0B, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are NT$14.8B and NT$7.5B respectively. ShunSin Technology Holdings's EBIT is NT$284.0M making its interest coverage ratio -20.5. It has cash and short-term investments of NT$8.1B.
Key information
82.4%
Debt to equity ratio
NT$5.97b
Debt
| Interest coverage ratio | -20.5x |
| Cash | NT$8.07b |
| Equity | NT$7.24b |
| Total liabilities | NT$7.51b |
| Total assets | NT$14.75b |
Recent financial health updates
ShunSin Technology Holdings (TPE:6451) Seems To Use Debt Rather Sparingly
Mar 17
ShunSin Technology Holdings (TPE:6451) Could Easily Take On More Debt
Dec 04
Recent updates
ShunSin Technology Holdings Limited (TWSE:6451) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Apr 22ShunSin Technology Holdings (TWSE:6451) Strong Profits May Be Masking Some Underlying Issues
Mar 22ShunSin Technology Holdings Limited's (TWSE:6451) Shares Climb 27% But Its Business Is Yet to Catch Up
Feb 26Estimating The Intrinsic Value Of ShunSin Technology Holdings Limited (TPE:6451)
Apr 05ShunSin Technology Holdings (TPE:6451) Seems To Use Debt Rather Sparingly
Mar 17Should We Be Excited About The Trends Of Returns At ShunSin Technology Holdings (TPE:6451)?
Feb 26Do Its Financials Have Any Role To Play In Driving ShunSin Technology Holdings Limited's (TPE:6451) Stock Up Recently?
Feb 09Shareholders Of ShunSin Technology Holdings (TPE:6451) Must Be Happy With Their 59% Return
Jan 21Should You Or Shouldn't You: A Dividend Analysis on ShunSin Technology Holdings Limited (TPE:6451)
Jan 06Here's Why ShunSin Technology Holdings's (TPE:6451) Statutory Earnings Are Arguably Too Conservative
Dec 21ShunSin Technology Holdings (TPE:6451) Could Easily Take On More Debt
Dec 04Here's What To Make Of ShunSin Technology Holdings' (TPE:6451) Returns On Capital
Nov 19Financial Position Analysis
Short Term Liabilities: 6451's short term assets (NT$9.7B) exceed its short term liabilities (NT$7.1B).
Long Term Liabilities: 6451's short term assets (NT$9.7B) exceed its long term liabilities (NT$403.2M).
Debt to Equity History and Analysis
Debt Level: 6451 has more cash than its total debt.
Reducing Debt: 6451's debt to equity ratio has increased from 53.5% to 82.4% over the past 5 years.
Debt Coverage: 6451's debt is well covered by operating cash flow (31.2%).
Interest Coverage: 6451 earns more interest than it pays, so coverage of interest payments is not a concern.