Chainqui Construction Development Balance Sheet Health
Financial Health criteria checks 2/6
Chainqui Construction Development has a total shareholder equity of NT$4.6B and total debt of NT$3.9B, which brings its debt-to-equity ratio to 86.3%. Its total assets and total liabilities are NT$11.3B and NT$6.7B respectively. Chainqui Construction Development's EBIT is NT$196.3M making its interest coverage ratio 1.4. It has cash and short-term investments of NT$1.4B.
Key information
86.3%
Debt to equity ratio
NT$3.95b
Debt
| Interest coverage ratio | 1.4x |
| Cash | NT$1.37b |
| Equity | NT$4.58b |
| Total liabilities | NT$6.71b |
| Total assets | NT$11.29b |
Recent financial health updates
Here's Why Chainqui Construction Development (TWSE:2509) Can Afford Some Debt
May 09
Does Chainqui Construction DevelopmentLtd (TPE:2509) Have A Healthy Balance Sheet?
Apr 12We Think Chainqui Construction DevelopmentLtd (TPE:2509) Is Taking Some Risk With Its Debt
Dec 23Recent updates
Investors Could Be Concerned With Chainqui Construction Development's (TWSE:2509) Returns On Capital
Sep 23Here's Why Chainqui Construction Development (TWSE:2509) Can Afford Some Debt
May 09Does 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$8.6B) exceed its short term liabilities (NT$5.5B).
Long Term Liabilities: 2509's short term assets (NT$8.6B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 2509's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: 2509's debt to equity ratio has increased from 61.5% to 86.3% over the past 5 years.
Debt Coverage: 2509's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 2509's interest payments on its debt are not well covered by EBIT (1.4x coverage).