Rich Development Balance Sheet Health
Financial Health criteria checks 3/6
Rich Development has a total shareholder equity of NT$17.4B and total debt of NT$18.5B, which brings its debt-to-equity ratio to 106.3%. Its total assets and total liabilities are NT$40.3B and NT$22.9B respectively. Rich Development's EBIT is NT$609.3M making its interest coverage ratio 2.7. It has cash and short-term investments of NT$3.6B.
Key information
106.3%
Debt to equity ratio
NT$18.45b
Debt
Interest coverage ratio | 2.7x |
Cash | NT$3.56b |
Equity | NT$17.37b |
Total liabilities | NT$22.91b |
Total assets | NT$40.28b |
Recent financial health updates
Recent updates
Is Rich Development Inc. (GTSM:5512) A Risky Dividend Stock?
Apr 28Investors Will Want Rich Development's (GTSM:5512) Growth In ROCE To Persist
Mar 29Rich Development (GTSM:5512) Shareholders Have Enjoyed A 14% Share Price Gain
Mar 01These 4 Measures Indicate That Rich Development (GTSM:5512) Is Using Debt In A Risky Way
Feb 01Read This Before Buying Rich Development Inc. (GTSM:5512) For Its Dividend
Dec 28Rich Development (GTSM:5512) Has Compensated Shareholders With A Respectable 40% Return On Their Investment
Nov 29Financial Position Analysis
Short Term Liabilities: 5512's short term assets (NT$22.0B) exceed its short term liabilities (NT$14.9B).
Long Term Liabilities: 5512's short term assets (NT$22.0B) exceed its long term liabilities (NT$8.0B).
Debt to Equity History and Analysis
Debt Level: 5512's net debt to equity ratio (85.8%) is considered high.
Reducing Debt: 5512's debt to equity ratio has reduced from 110.3% to 106.3% over the past 5 years.
Debt Coverage: 5512's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 5512's interest payments on its debt are not well covered by EBIT (2.7x coverage).