Da-Cin ConstructionLtd Balance Sheet Health
Financial Health criteria checks 4/6
Da-Cin ConstructionLtd has a total shareholder equity of NT$9.6B and total debt of NT$9.3B, which brings its debt-to-equity ratio to 96.7%. Its total assets and total liabilities are NT$25.8B and NT$16.2B respectively. Da-Cin ConstructionLtd's EBIT is NT$947.5M making its interest coverage ratio 125.5. It has cash and short-term investments of NT$6.8B.
Key information
96.7%
Debt to equity ratio
NT$9.29b
Debt
| Interest coverage ratio | 125.5x |
| Cash | NT$6.85b |
| Equity | NT$9.60b |
| Total liabilities | NT$16.20b |
| Total assets | NT$25.80b |
Recent financial health updates
Does Da-Cin ConstructionLtd (TPE:2535) Have A Healthy Balance Sheet?
Feb 26
Is Da-Cin ConstructionLtd (TPE:2535) A Risky Investment?
Nov 25
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Da-Cin ConstructionLtd (TWSE:2535)
Nov 15There Are Some Reasons To Suggest That Da-Cin ConstructionLtd's (TWSE:2535) Earnings Are A Poor Reflection Of Profitability
Mar 13Returns On Capital Are Showing Encouraging Signs At Da-Cin ConstructionLtd (TPE:2535)
May 01Is Da-Cin Construction Co.,Ltd. (TPE:2535) A Smart Pick For Income Investors?
Mar 28Da-Cin Construction Co.,Ltd.'s (TPE:2535) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 13Does Da-Cin ConstructionLtd (TPE:2535) Have A Healthy Balance Sheet?
Feb 26Is Now The Time To Put Da-Cin ConstructionLtd (TPE:2535) On Your Watchlist?
Feb 11Will the Promising Trends At Da-Cin ConstructionLtd (TPE:2535) Continue?
Jan 29Did You Participate In Any Of Da-Cin ConstructionLtd's (TPE:2535) Fantastic 170% Return ?
Jan 16Is There More To The Story Than Da-Cin ConstructionLtd's (TPE:2535) Earnings Growth?
Jan 03Here's How We Evaluate Da-Cin Construction Co.,Ltd.'s (TPE:2535) Dividend
Dec 21Da-Cin Construction Co.,Ltd.'s (TPE:2535) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Dec 08Is Da-Cin ConstructionLtd (TPE:2535) A Risky Investment?
Nov 25Financial Position Analysis
Short Term Liabilities: 2535's short term assets (NT$24.0B) exceed its short term liabilities (NT$10.9B).
Long Term Liabilities: 2535's short term assets (NT$24.0B) exceed its long term liabilities (NT$5.3B).
Debt to Equity History and Analysis
Debt Level: 2535's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: 2535's debt to equity ratio has increased from 40.1% to 96.7% over the past 5 years.
Debt Coverage: 2535's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2535's interest payments on its debt are well covered by EBIT (125.5x coverage).