Hsin Kao GasLtd Balance Sheet Health
Financial Health criteria checks 4/6
Hsin Kao GasLtd has a total shareholder equity of NT$2.9B and total debt of NT$286.9M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are NT$6.1B and NT$3.2B respectively. Hsin Kao GasLtd's EBIT is NT$293.4M making its interest coverage ratio -13.7. It has cash and short-term investments of NT$1.2B.
Key information
9.9%
Debt to equity ratio
NT$286.91m
Debt
Interest coverage ratio | -13.7x |
Cash | NT$1.24b |
Equity | NT$2.89b |
Total liabilities | NT$3.23b |
Total assets | NT$6.12b |
Recent financial health updates
Hsin Kao GasLtd (TPE:9931) Has A Pretty Healthy Balance Sheet
Apr 07We Think Hsin Kao GasLtd (TPE:9931) Can Stay On Top Of Its Debt
Dec 24Recent updates
Hsin Kao GasLtd's (TWSE:9931) Earnings Offer More Than Meets The Eye
Aug 12Hsin Kao GasLtd (TWSE:9931) Has Announced That It Will Be Increasing Its Dividend To NT$1.00
Jun 19Hsin Kao GasLtd (TWSE:9931) Is Paying Out A Larger Dividend Than Last Year
Jun 05Hsin Kao GasLtd (TPE:9931) Has A Pretty Healthy Balance Sheet
Apr 07We Think Hsin Kao GasLtd (TPE:9931) Can Stay On Top Of Its Debt
Dec 24Hsin Kao Gas Co.,Ltd.'s (TPE:9931) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
Nov 25Financial Position Analysis
Short Term Liabilities: 9931's short term assets (NT$2.0B) do not cover its short term liabilities (NT$2.2B).
Long Term Liabilities: 9931's short term assets (NT$2.0B) exceed its long term liabilities (NT$1.0B).
Debt to Equity History and Analysis
Debt Level: 9931 has more cash than its total debt.
Reducing Debt: 9931's debt to equity ratio has increased from 1.8% to 9.9% over the past 5 years.
Debt Coverage: 9931's debt is well covered by operating cash flow (271.1%).
Interest Coverage: 9931 earns more interest than it pays, so coverage of interest payments is not a concern.