Chin-Poon Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Chin-Poon Industrial has a total shareholder equity of NT$17.1B and total debt of NT$980.3M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are NT$23.4B and NT$6.4B respectively. Chin-Poon Industrial's EBIT is NT$1.3B making its interest coverage ratio -8.8. It has cash and short-term investments of NT$5.0B.
Key information
5.7%
Debt to equity ratio
NT$980.25m
Debt
| Interest coverage ratio | -8.8x |
| Cash | NT$4.96b |
| Equity | NT$17.07b |
| Total liabilities | NT$6.36b |
| Total assets | NT$23.43b |
Recent financial health updates
Is Chin-Poon Industrial (TPE:2355) Using Too Much Debt?
Mar 28
Is Chin-Poon Industrial (TPE:2355) A Risky Investment?
Dec 10
Recent updates
Chin-Poon Industrial's (TWSE:2355) Upcoming Dividend Will Be Larger Than Last Year's
Jul 22Chin-Poon Industrial (TWSE:2355) Is Increasing Its Dividend To NT$1.25
Jun 27Is Chin-Poon Industrial (TPE:2355) Using Too Much Debt?
Mar 28Tread With Caution Around Chin-Poon Industrial Co., Ltd.'s (TPE:2355) 2.9% Dividend Yield
Feb 21Here's Why We Think Chin-Poon Industrial's (TPE:2355) Statutory Earnings Might Be Conservative
Jan 26Chin-Poon Industrial's (TPE:2355) Shareholders Are Down 45% On Their Shares
Dec 31Is Chin-Poon Industrial (TPE:2355) A Risky Investment?
Dec 10Financial Position Analysis
Short Term Liabilities: 2355's short term assets (NT$14.3B) exceed its short term liabilities (NT$5.3B).
Long Term Liabilities: 2355's short term assets (NT$14.3B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 2355 has more cash than its total debt.
Reducing Debt: 2355's debt to equity ratio has reduced from 9.5% to 5.7% over the past 5 years.
Debt Coverage: 2355's debt is well covered by operating cash flow (233.4%).
Interest Coverage: 2355 earns more interest than it pays, so coverage of interest payments is not a concern.