KENT IndustrialLtd Balance Sheet Health
Financial Health criteria checks 6/6
KENT IndustrialLtd has a total shareholder equity of NT$1.7B and total debt of NT$72.1M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are NT$2.2B and NT$473.5M respectively. KENT IndustrialLtd's EBIT is NT$160.5M making its interest coverage ratio -32.3. It has cash and short-term investments of NT$484.7M.
Key information
4.3%
Debt to equity ratio
NT$72.10m
Debt
| Interest coverage ratio | -32.3x |
| Cash | NT$484.68m |
| Equity | NT$1.69b |
| Total liabilities | NT$473.49m |
| Total assets | NT$2.17b |
Recent financial health updates
Recent updates
We Think That There Are More Issues For KENT IndustrialLtd (TWSE:6606) Than Just Sluggish Earnings
Mar 22
Why Dividend Hunters Love KENT Industrial Co., Ltd (GTSM:6606)
Mar 18Did KENT Industrial's (GTSM:6606) Share Price Deserve to Gain 21%?
Jan 19
KENT Industrial (GTSM:6606) Seems To Use Debt Quite Sensibly
Dec 29Is Weakness In KENT Industrial Co., Ltd (GTSM:6606) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Nov 30Financial Position Analysis
Short Term Liabilities: 6606's short term assets (NT$1.1B) exceed its short term liabilities (NT$315.2M).
Long Term Liabilities: 6606's short term assets (NT$1.1B) exceed its long term liabilities (NT$158.3M).
Debt to Equity History and Analysis
Debt Level: 6606 has more cash than its total debt.
Reducing Debt: 6606's debt to equity ratio has reduced from 45.3% to 4.3% over the past 5 years.
Debt Coverage: 6606's debt is well covered by operating cash flow (44.2%).
Interest Coverage: 6606 earns more interest than it pays, so coverage of interest payments is not a concern.