New Asia Construction & Development Balance Sheet Health
Financial Health criteria checks 4/6
New Asia Construction & Development has a total shareholder equity of NT$1.8B and total debt of NT$994.9M, which brings its debt-to-equity ratio to 56.1%. Its total assets and total liabilities are NT$7.3B and NT$5.5B respectively. New Asia Construction & Development's EBIT is NT$164.1M making its interest coverage ratio 144.5. It has cash and short-term investments of NT$1.6B.
Key information
56.1%
Debt to equity ratio
NT$994.94m
Debt
| Interest coverage ratio | 144.5x |
| Cash | NT$1.58b |
| Equity | NT$1.77b |
| Total liabilities | NT$5.52b |
| Total assets | NT$7.29b |
Recent financial health updates
These 4 Measures Indicate That New Asia Construction & Development (TWSE:2516) Is Using Debt Reasonably Well
Feb 05
New Asia Construction & Development (TWSE:2516) Has Debt But No Earnings; Should You Worry?
Mar 13Health Check: How Prudently Does New Asia Construction & Development (TPE:2516) Use Debt?
Feb 10Recent updates
There's No Escaping New Asia Construction & Development Corp.'s (TWSE:2516) Muted Revenues Despite A 27% Share Price Rise
Feb 18These 4 Measures Indicate That New Asia Construction & Development (TWSE:2516) Is Using Debt Reasonably Well
Feb 05Why Investors Shouldn't Be Surprised By New Asia Construction & Development Corp.'s (TWSE:2516) Low P/S
Jan 02We Think That There Are Issues Underlying New Asia Construction & Development's (TWSE:2516) Earnings
Nov 19Why Investors Shouldn't Be Surprised By New Asia Construction & Development Corp.'s (TWSE:2516) Low P/S
Jun 25New Asia Construction & Development's (TWSE:2516) Performance Is Even Better Than Its Earnings Suggest
Mar 21New Asia Construction & Development (TWSE:2516) Has Debt But No Earnings; Should You Worry?
Mar 13Health Check: How Prudently Does New Asia Construction & Development (TPE:2516) Use Debt?
Feb 10Financial Position Analysis
Short Term Liabilities: 2516's short term assets (NT$5.7B) exceed its short term liabilities (NT$5.4B).
Long Term Liabilities: 2516's short term assets (NT$5.7B) exceed its long term liabilities (NT$125.6M).
Debt to Equity History and Analysis
Debt Level: 2516 has more cash than its total debt.
Reducing Debt: 2516's debt to equity ratio has increased from 50.8% to 56.1% over the past 5 years.
Debt Coverage: 2516's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2516's interest payments on its debt are well covered by EBIT (144.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/23 18:00 |
| End of Day Share Price | 2025/03/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
New Asia Construction & Development Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Titan Horng | IBTS Investment Consulting Co., Ltd. |