Song Shang ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Song Shang ElectronicsLtd has a total shareholder equity of NT$3.0B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are NT$6.5B and NT$3.5B respectively. Song Shang ElectronicsLtd's EBIT is NT$113.8M making its interest coverage ratio -5.9. It has cash and short-term investments of NT$2.5B.
Key information
35.0%
Debt to equity ratio
NT$1.06b
Debt
| Interest coverage ratio | -5.9x |
| Cash | NT$2.53b |
| Equity | NT$3.02b |
| Total liabilities | NT$3.49b |
| Total assets | NT$6.50b |
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$5.0B) exceed its short term liabilities (NT$2.9B).
Long Term Liabilities: 6156's short term assets (NT$5.0B) exceed its long term liabilities (NT$575.3M).
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 increased from 24.8% to 35% over the past 5 years.
Debt Coverage: 6156's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: 6156 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 11:17 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Song Shang Electronics Co.,Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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