Kenda Rubber Industrial Co. Ltd.

TWSE:2106 Stock Report

Market Cap: NT$27.5b

Kenda Rubber Industrial Balance Sheet Health

Financial Health criteria checks 5/6

Kenda Rubber Industrial has a total shareholder equity of NT$20.6B and total debt of NT$17.1B, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are NT$46.2B and NT$25.6B respectively. Kenda Rubber Industrial's EBIT is NT$2.3B making its interest coverage ratio 11. It has cash and short-term investments of NT$10.0B.

Key information

83.3%

Debt to equity ratio

NT$17.12b

Debt

Interest coverage ratio11x
CashNT$10.04b
EquityNT$20.55b
Total liabilitiesNT$25.62b
Total assetsNT$46.17b

Recent financial health updates

Does Kenda Rubber Industrial (TPE:2106) Have A Healthy Balance Sheet?

Feb 04
Does Kenda Rubber Industrial (TPE:2106) Have A Healthy Balance Sheet?

Recent updates

Kenda Rubber Industrial (TWSE:2106) Is Looking To Continue Growing Its Returns On Capital

Apr 15
Kenda Rubber Industrial (TWSE:2106) Is Looking To Continue Growing Its Returns On Capital

We Like Kenda Rubber Industrial's (TWSE:2106) Earnings For More Than Just Statutory Profit

Mar 22
We Like Kenda Rubber Industrial's (TWSE:2106) Earnings For More Than Just Statutory Profit

Capital Allocation Trends At Kenda Rubber Industrial (TPE:2106) Aren't Ideal

Apr 12
Capital Allocation Trends At Kenda Rubber Industrial (TPE:2106) Aren't Ideal

Does Kenda Rubber Industrial (TPE:2106) Have A Healthy Balance Sheet?

Feb 04
Does Kenda Rubber Industrial (TPE:2106) Have A Healthy Balance Sheet?

Is Kenda Rubber Industrial Co. Ltd.'s (TPE:2106) Recent Performancer Underpinned By Weak Financials?

Jan 20
Is Kenda Rubber Industrial Co. Ltd.'s (TPE:2106) Recent Performancer Underpinned By Weak Financials?

Is Kenda Rubber Industrial (TPE:2106) Set To Make A Turnaround?

Jan 07
Is Kenda Rubber Industrial (TPE:2106) Set To Make A Turnaround?

Kenda Rubber Industrial's (TPE:2106) Stock Price Has Reduced 25% In The Past Five Years

Dec 25
Kenda Rubber Industrial's (TPE:2106) Stock Price Has Reduced 25% In The Past Five Years

Are Kenda Rubber Industrial's (TPE:2106) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 10
Are Kenda Rubber Industrial's (TPE:2106) Statutory Earnings A Good Guide To Its Underlying Profitability?

A Look At The Intrinsic Value Of Kenda Rubber Industrial Co. Ltd. (TPE:2106)

Nov 25
A Look At The Intrinsic Value Of Kenda Rubber Industrial Co. Ltd. (TPE:2106)

Financial Position Analysis

Short Term Liabilities: 2106's short term assets (NT$25.1B) exceed its short term liabilities (NT$11.2B).

Long Term Liabilities: 2106's short term assets (NT$25.1B) exceed its long term liabilities (NT$14.4B).

Debt to Equity History and Analysis

Debt Level: 2106's net debt to equity ratio (34.5%) is considered satisfactory.

Reducing Debt: 2106's debt to equity ratio has increased from 82.7% to 83.3% over the past 5 years.

Debt Coverage: 2106's debt is well covered by operating cash flow (26.8%).

Interest Coverage: 2106's interest payments on its debt are well covered by EBIT (11x coverage).

Balance Sheet

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