Chien Shing Harbour Service Balance Sheet Health
Financial Health criteria checks 2/6
Chien Shing Harbour Service has a total shareholder equity of NT$4.2B and total debt of NT$6.1B, which brings its debt-to-equity ratio to 145.9%. Its total assets and total liabilities are NT$15.2B and NT$11.0B respectively. Chien Shing Harbour Service's EBIT is NT$380.2M making its interest coverage ratio 5.9. It has cash and short-term investments of NT$978.3M.
Key information
145.9%
Debt to equity ratio
NT$6.07b
Debt
| Interest coverage ratio | 5.9x |
| Cash | NT$978.29m |
| Equity | NT$4.16b |
| Total liabilities | NT$11.02b |
| Total assets | NT$15.18b |
Recent financial health updates
Recent updates
We Think That There Are Some Issues For Chien Shing Harbour Service (TWSE:8367) Beyond Its Promising Earnings
Mar 18
Investors Shouldn't Be Too Comfortable With Chien Shing Harbour ServiceLtd's (TPE:8367) Robust Earnings
Mar 30Should Chien Shing Harbour Service Co.,Ltd. (TPE:8367) Be Part Of Your Dividend Portfolio?
Mar 25What Do The Returns On Capital At Chien Shing Harbour ServiceLtd (TPE:8367) Tell Us?
Feb 12
The Chien Shing Harbour ServiceLtd (TPE:8367) Share Price Has Gained 25% And Shareholders Are Hoping For More
Jan 14Here's Why Chien Shing Harbour ServiceLtd (TPE:8367) Has A Meaningful Debt Burden
Dec 23Chien Shing Harbour Service Co.,Ltd. (TPE:8367) Is Yielding 4.0% - But Is It A Buy?
Dec 04Chien Shing Harbour Service Co.,Ltd. (TPE:8367) Delivered A Weaker ROE Than Its Industry
Nov 18Financial Position Analysis
Short Term Liabilities: 8367's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.4B).
Long Term Liabilities: 8367's short term assets (NT$2.0B) do not cover its long term liabilities (NT$9.6B).
Debt to Equity History and Analysis
Debt Level: 8367's net debt to equity ratio (122.4%) is considered high.
Reducing Debt: 8367's debt to equity ratio has increased from 110.2% to 145.9% over the past 5 years.
Debt Coverage: 8367's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 8367's interest payments on its debt are well covered by EBIT (5.9x coverage).