Shinfox Energy Balance Sheet Health
Financial Health criteria checks 4/6
Shinfox Energy has a total shareholder equity of NT$13.0B and total debt of NT$16.0B, which brings its debt-to-equity ratio to 123.3%. Its total assets and total liabilities are NT$32.3B and NT$19.3B respectively. Shinfox Energy's EBIT is NT$772.3M making its interest coverage ratio 44.2. It has cash and short-term investments of NT$4.2B.
Key information
123.3%
Debt to equity ratio
NT$16.03b
Debt
| Interest coverage ratio | 44.2x |
| Cash | NT$4.19b |
| Equity | NT$13.00b |
| Total liabilities | NT$19.28b |
| Total assets | NT$32.29b |
Recent financial health updates
Recent updates
Here's Why Shinfox Energy (TWSE:6806) Can Manage Its Debt Responsibly
Aug 12
Shinfox Energy Co., Ltd. (TWSE:6806) Looks Just Right With A 25% Price Jump
Jul 01The Returns At Shinfox Energy (TWSE:6806) Aren't Growing
Apr 25What You Need To Know About The Shinfox Energy Co., Ltd. (TWSE:6806) Analyst Downgrade Today
Mar 29Shinfox Energy Co., Ltd. (TWSE:6806) Looks Just Right With A 26% Price Jump
Feb 27Earnings Tell The Story For Shinfox Energy Co., Ltd (GTSM:6806) As Its Stock Soars 29%
Apr 01Should We Be Delighted With Shinfox Energy Co., Ltd's (GTSM:6806) ROE Of 11%?
Mar 12Financial Position Analysis
Short Term Liabilities: 6806's short term assets (NT$25.5B) exceed its short term liabilities (NT$14.7B).
Long Term Liabilities: 6806's short term assets (NT$25.5B) exceed its long term liabilities (NT$4.5B).
Debt to Equity History and Analysis
Debt Level: 6806's net debt to equity ratio (91.1%) is considered high.
Reducing Debt: 6806's debt to equity ratio has reduced from 154.2% to 123.3% over the past 5 years.
Debt Coverage: 6806's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6806's interest payments on its debt are well covered by EBIT (44.2x coverage).