Chin-Poon Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Chin-Poon Industrial has a total shareholder equity of NT$16.1B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are NT$22.7B and NT$6.6B respectively. Chin-Poon Industrial's EBIT is NT$822.7M making its interest coverage ratio -7.8. It has cash and short-term investments of NT$7.5B.
Key information
6.5%
Debt to equity ratio
NT$1.04b
Debt
| Interest coverage ratio | -7.8x |
| Cash | NT$7.46b |
| Equity | NT$16.10b |
| Total liabilities | NT$6.64b |
| Total assets | NT$22.74b |
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
Is 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$14.7B) exceed its short term liabilities (NT$5.9B).
Long Term Liabilities: 2355's short term assets (NT$14.7B) exceed its long term liabilities (NT$785.2M).
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 10.1% to 6.5% over the past 5 years.
Debt Coverage: 2355's debt is well covered by operating cash flow (229.4%).
Interest Coverage: 2355 earns more interest than it pays, so coverage of interest payments is not a concern.