Ruentex Engineering & Construction Balance Sheet Health
Financial Health criteria checks 6/6
Ruentex Engineering & Construction has a total shareholder equity of NT$10.1B and total debt of NT$3.1B, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are NT$22.1B and NT$12.0B respectively. Ruentex Engineering & Construction's EBIT is NT$3.1B making its interest coverage ratio -51. It has cash and short-term investments of NT$2.0B.
Key information
31.0%
Debt to equity ratio
NT$3.12b
Debt
| Interest coverage ratio | -51x |
| Cash | NT$2.04b |
| Equity | NT$10.08b |
| Total liabilities | NT$12.01b |
| Total assets | NT$22.09b |
Recent financial health updates
Does Ruentex Engineering & Construction (TPE:2597) Have A Healthy Balance Sheet?
Mar 27
Ruentex Engineering & Construction (TPE:2597) Has A Pretty Healthy Balance Sheet
Dec 05
Recent updates
The Strong Earnings Posted By Ruentex Engineering & Construction (TWSE:2597) Are A Good Indication Of The Strength Of The Business
Nov 21Why We Like The Returns At Ruentex Engineering & Construction (TWSE:2597)
Sep 30A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TWSE:2597)
Aug 18Insufficient Growth At Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Hampers Share Price
Jun 21Returns At Ruentex Engineering & Construction (TWSE:2597) Are On The Way Up
Apr 17The Market Lifts Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Shares 28% But It Can Do More
Mar 14Does Ruentex Engineering & Construction (TPE:2597) Have A Healthy Balance Sheet?
Mar 27Does Ruentex Engineering & Construction (TPE:2597) Deserve A Spot On Your Watchlist?
Mar 10We're Watching These Trends At Ruentex Engineering & Construction (TPE:2597)
Feb 22Ruentex Engineering & Construction Co., Ltd. (TPE:2597) Investors Should Think About This Before Buying It For Its Dividend
Feb 04A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TPE:2597)
Jan 20Ruentex Engineering & Construction (TPE:2597) Has Gifted Shareholders With A Fantastic 114% Total Return On Their Investment
Jan 04Ruentex Engineering & Construction Co., Ltd.'s (TPE:2597) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Dec 20Ruentex Engineering & Construction (TPE:2597) Has A Pretty Healthy Balance Sheet
Dec 05Financial Position Analysis
Short Term Liabilities: 2597's short term assets (NT$10.9B) exceed its short term liabilities (NT$8.8B).
Long Term Liabilities: 2597's short term assets (NT$10.9B) exceed its long term liabilities (NT$3.2B).
Debt to Equity History and Analysis
Debt Level: 2597's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 2597's debt to equity ratio has reduced from 35.7% to 31% over the past 5 years.
Debt Coverage: 2597's debt is well covered by operating cash flow (128.6%).
Interest Coverage: 2597 earns more interest than it pays, so coverage of interest payments is not a concern.