Kenda Rubber Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Kenda Rubber Industrial has a total shareholder equity of NT$19.6B and total debt of NT$17.3B, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are NT$43.7B and NT$24.2B respectively. Kenda Rubber Industrial's EBIT is NT$1.3B making its interest coverage ratio 5.1. It has cash and short-term investments of NT$9.9B.
Key information
88.3%
Debt to equity ratio
NT$17.29b
Debt
| Interest coverage ratio | 5.1x |
| Cash | NT$9.93b |
| Equity | NT$19.57b |
| Total liabilities | NT$24.15b |
| Total assets | NT$43.73b |
Recent financial health updates
Recent updates
Kenda Rubber Industrial (TWSE:2106) Is Looking To Continue Growing Its Returns On Capital
Apr 15
We Like Kenda Rubber Industrial's (TWSE:2106) Earnings For More Than Just Statutory Profit
Mar 22Capital Allocation Trends At Kenda Rubber Industrial (TPE:2106) Aren't Ideal
Apr 12Does Kenda Rubber Industrial (TPE:2106) Have A Healthy Balance Sheet?
Feb 04
Is Kenda Rubber Industrial Co. Ltd.'s (TPE:2106) Recent Performancer Underpinned By Weak Financials?
Jan 20Is Kenda Rubber Industrial (TPE:2106) Set To Make A Turnaround?
Jan 07Kenda Rubber Industrial's (TPE:2106) Stock Price Has Reduced 25% In The Past Five Years
Dec 25Are Kenda Rubber Industrial's (TPE:2106) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 10A Look At The Intrinsic Value Of Kenda Rubber Industrial Co. Ltd. (TPE:2106)
Nov 25Financial Position Analysis
Short Term Liabilities: 2106's short term assets (NT$24.0B) exceed its short term liabilities (NT$10.2B).
Long Term Liabilities: 2106's short term assets (NT$24.0B) exceed its long term liabilities (NT$14.0B).
Debt to Equity History and Analysis
Debt Level: 2106's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: 2106's debt to equity ratio has increased from 78.2% to 88.3% over the past 5 years.
Debt Coverage: 2106's debt is well covered by operating cash flow (32.5%).
Interest Coverage: 2106's interest payments on its debt are well covered by EBIT (5.1x coverage).