Shin Hai Gas Balance Sheet Health
Financial Health criteria checks 6/6
Shin Hai Gas has a total shareholder equity of NT$3.9B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$8.3B and NT$4.4B respectively. Shin Hai Gas's EBIT is NT$486.6M making its interest coverage ratio -5.6. It has cash and short-term investments of NT$2.9B.
Key information
0%
Debt to equity ratio
NT$0
Debt
Interest coverage ratio | -5.6x |
Cash | NT$2.89b |
Equity | NT$3.90b |
Total liabilities | NT$4.40b |
Total assets | NT$8.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9926's short term assets (NT$3.4B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 9926's short term assets (NT$3.4B) exceed its long term liabilities (NT$2.2B).
Debt to Equity History and Analysis
Debt Level: 9926 is debt free.
Reducing Debt: 9926 had no debt 5 years ago.
Debt Coverage: 9926 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9926 has no debt, therefore coverage of interest payments is not a concern.