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$2.4B, which brings its debt-to-equity ratio to 179.6%. Its total assets and total liabilities are NT$5.0B and NT$3.6B respectively. Sun Brothers Development's EBIT is NT$209.0K making its interest coverage ratio -0.2. It has cash and short-term investments of NT$773.0M.
Key information
179.6%
Debt to equity ratio
NT$2.40b
Debt
| Interest coverage ratio | -0.2x |
| Cash | NT$772.98m |
| Equity | NT$1.34b |
| Total liabilities | NT$3.63b |
| Total assets | NT$4.97b |
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$4.8B) exceed its short term liabilities (NT$3.6B).
Long Term Liabilities: 3489's short term assets (NT$4.8B) exceed its long term liabilities (NT$3.2M).
Debt to Equity History and Analysis
Debt Level: 3489's net debt to equity ratio (121.8%) is considered high.
Reducing Debt: 3489's debt to equity ratio has increased from 134.2% to 179.6% over the past 5 years.
Debt Coverage: 3489's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3489 earns more interest than it pays, so coverage of interest payments is not a concern.