Ruentex Engineering & Construction Balance Sheet Health
Financial Health criteria checks 5/6
Ruentex Engineering & Construction has a total shareholder equity of NT$8.6B and total debt of NT$3.7B, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are NT$21.3B and NT$12.7B respectively. Ruentex Engineering & Construction's EBIT is NT$3.0B making its interest coverage ratio -61.1. It has cash and short-term investments of NT$1.7B.
Key information
42.8%
Debt to equity ratio
NT$3.70b
Debt
| Interest coverage ratio | -61.1x |
| Cash | NT$1.75b |
| Equity | NT$8.65b |
| Total liabilities | NT$12.69b |
| Total assets | NT$21.34b |
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
Why 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$10.8B) exceed its short term liabilities (NT$8.8B).
Long Term Liabilities: 2597's short term assets (NT$10.8B) exceed its long term liabilities (NT$3.8B).
Debt to Equity History and Analysis
Debt Level: 2597's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 2597's debt to equity ratio has increased from 32.5% to 42.8% over the past 5 years.
Debt Coverage: 2597's debt is well covered by operating cash flow (85.8%).
Interest Coverage: 2597 earns more interest than it pays, so coverage of interest payments is not a concern.