Chainqui Construction Development Balance Sheet Health
Financial Health criteria checks 2/6
Chainqui Construction Development has a total shareholder equity of NT$4.4B and total debt of NT$3.7B, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are NT$9.6B and NT$5.3B respectively.
Key information
84.8%
Debt to equity ratio
NT$3.71b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$1.42b |
| Equity | NT$4.38b |
| Total liabilities | NT$5.27b |
| Total assets | NT$9.65b |
Recent financial health updates
Does Chainqui Construction DevelopmentLtd (TPE:2509) Have A Healthy Balance Sheet?
Apr 12
We Think Chainqui Construction DevelopmentLtd (TPE:2509) Is Taking Some Risk With Its Debt
Dec 23Recent updates
Does Chainqui Construction DevelopmentLtd (TPE:2509) Have A Healthy Balance Sheet?
Apr 12Chainqui Construction Development Co.,Ltd's (TPE:2509) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 19Is Chainqui Construction Development Co.,Ltd (TPE:2509) An Attractive Dividend Stock?
Feb 26Does Chainqui Construction DevelopmentLtd (TPE:2509) Have The Makings Of A Multi-Bagger?
Feb 03Shareholders Of Chainqui Construction DevelopmentLtd (TPE:2509) Must Be Happy With Their 52% Return
Jan 13
We Think Chainqui Construction DevelopmentLtd (TPE:2509) Is Taking Some Risk With Its Debt
Dec 23Chainqui Construction Development Co.,Ltd's (TPE:2509) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 02Financial Position Analysis
Short Term Liabilities: 2509's short term assets (NT$6.9B) exceed its short term liabilities (NT$4.1B).
Long Term Liabilities: 2509's short term assets (NT$6.9B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 2509's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: 2509's debt to equity ratio has increased from 60.5% to 84.8% over the past 5 years.
Debt Coverage: 2509's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2509's interest payments on its debt are well covered by EBIT.