Shin Shin Natural Gas Balance Sheet Health
Financial Health criteria checks 6/6
Shin Shin Natural Gas has a total shareholder equity of NT$3.2B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$5.7B and NT$2.6B respectively. Shin Shin Natural Gas's EBIT is NT$295.9M making its interest coverage ratio -6.3. It has cash and short-term investments of NT$2.5B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -6.3x |
| Cash | NT$2.49b |
| Equity | NT$3.17b |
| Total liabilities | NT$2.58b |
| Total assets | NT$5.75b |
Recent financial health updates
No updates
Recent updates
Shin Shin Natural Gas' (TWSE:9918) Profits Appear To Have Quality Issues
Mar 21
Shin Shin Natural Gas Company Limited (TPE:9918) Is Yielding 3.7% - But Is It A Buy?
Feb 26Could The Shin Shin Natural Gas Company Limited (TPE:9918) Ownership Structure Tell Us Something Useful?
Jan 29Shin Shin Natural Gas Company Limited's (TPE:9918) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Dec 18
Should You Be Impressed By Shin Shin Natural Gas' (TPE:9918) Returns on Capital?
Nov 19Financial Position Analysis
Short Term Liabilities: 9918's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 9918's short term assets (NT$2.8B) exceed its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 9918 is debt free.
Reducing Debt: 9918 has not had any debt for past 5 years.
Debt Coverage: 9918 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9918 has no debt, therefore coverage of interest payments is not a concern.