Shin Hai Gas Balance Sheet Health
Financial Health criteria checks 6/6
Shin Hai Gas has a total shareholder equity of NT$4.1B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$8.5B and NT$4.4B respectively. Shin Hai Gas's EBIT is NT$474.9M making its interest coverage ratio -4. It has cash and short-term investments of NT$3.0B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -4x |
| Cash | NT$3.01b |
| Equity | NT$4.06b |
| Total liabilities | NT$4.43b |
| Total assets | NT$8.48b |
Financial Position Analysis
Short Term Liabilities: 9926's short term assets (NT$3.5B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 9926's short term assets (NT$3.5B) exceed its long term liabilities (NT$2.3B).
Debt to Equity History and Analysis
Debt Level: 9926 is debt free.
Reducing Debt: 9926 has not had any debt for past 5 years.
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.