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.