Song Shang ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Song Shang ElectronicsLtd has a total shareholder equity of NT$2.0B and total debt of NT$688.8M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are NT$4.3B and NT$2.3B respectively. Song Shang ElectronicsLtd's EBIT is NT$200.2M making its interest coverage ratio -10.6. It has cash and short-term investments of NT$1.6B.
Key information
34.4%
Debt to equity ratio
NT$688.82m
Debt
| Interest coverage ratio | -10.6x |
| Cash | NT$1.58b |
| Equity | NT$2.00b |
| Total liabilities | NT$2.29b |
| Total assets | NT$4.29b |
Recent financial health updates
Song Shang ElectronicsLtd (GTSM:6156) Could Easily Take On More Debt
Apr 17
Is Song Shang ElectronicsLtd (GTSM:6156) Using Too Much Debt?
Dec 30
Recent updates
Song Shang ElectronicsLtd (GTSM:6156) Could Easily Take On More Debt
Apr 17The Return Trends At Song Shang ElectronicsLtd (GTSM:6156) Look Promising
Mar 30Is The Market Rewarding Song Shang Electronics Co.,Ltd. (GTSM:6156) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Mar 09Would Song Shang Electronics Co.,Ltd. (GTSM:6156) Be Valuable To Income Investors?
Feb 15Calculating The Intrinsic Value Of Song Shang Electronics Co.,Ltd. (GTSM:6156)
Feb 02Is Song Shang ElectronicsLtd (GTSM:6156) Using Too Much Debt?
Dec 30Will Song Shang ElectronicsLtd (GTSM:6156) Multiply In Value Going Forward?
Dec 11Is Song Shang Electronics Co.,Ltd.'s (GTSM:6156) Recent Price Movement Underpinned By Its Weak Fundamentals?
Nov 23Financial Position Analysis
Short Term Liabilities: 6156's short term assets (NT$3.3B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 6156's short term assets (NT$3.3B) exceed its long term liabilities (NT$410.3M).
Debt to Equity History and Analysis
Debt Level: 6156 has more cash than its total debt.
Reducing Debt: 6156's debt to equity ratio has reduced from 35.3% to 34.4% over the past 5 years.
Debt Coverage: 6156's debt is well covered by operating cash flow (88.1%).
Interest Coverage: 6156 earns more interest than it pays, so coverage of interest payments is not a concern.