Sun Brothers Development Balance Sheet Health
Financial Health criteria checks 3/6
Sun Brothers Development has a total shareholder equity of NT$1.3B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 162.4%. Its total assets and total liabilities are NT$4.8B and NT$3.4B respectively. Sun Brothers Development's EBIT is NT$811.0K making its interest coverage ratio 19.8. It has cash and short-term investments of NT$783.9M.
Key information
162.4%
Debt to equity ratio
NT$2.15b
Debt
| Interest coverage ratio | 19.8x |
| Cash | NT$783.89m |
| Equity | NT$1.32b |
| Total liabilities | NT$3.44b |
| Total assets | NT$4.77b |
Recent financial health updates
Sun Brothers Development (GTSM:3489) Has A Somewhat Strained Balance Sheet
Feb 28
Here's Why Sun Brothers Development (GTSM:3489) Has A Meaningful Debt Burden
Nov 30
Recent updates
Returns On Capital Are Showing Encouraging Signs At Sun Brothers Development (GTSM:3489)
Mar 31Sun Brothers Development (GTSM:3489) Has A Somewhat Strained Balance Sheet
Feb 28Should You Buy Sun Brothers Development Co., Limited (GTSM:3489) For Its 2.8% Dividend?
Jan 31Will Sun Brothers Development's (GTSM:3489) Growth In ROCE Persist?
Dec 27Here's Why Sun Brothers Development (GTSM:3489) Has A Meaningful Debt Burden
Nov 30Financial Position Analysis
Short Term Liabilities: 3489's short term assets (NT$4.6B) exceed its short term liabilities (NT$3.4B).
Long Term Liabilities: 3489's short term assets (NT$4.6B) exceed its long term liabilities (NT$3.2M).
Debt to Equity History and Analysis
Debt Level: 3489's net debt to equity ratio (103.2%) is considered high.
Reducing Debt: 3489's debt to equity ratio has increased from 131.6% to 162.4% over the past 5 years.
Debt Coverage: 3489's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 3489's interest payments on its debt are well covered by EBIT (19.8x coverage).