Rich Honour International Designs Balance Sheet Health
Financial Health criteria checks 6/6
Rich Honour International Designs has a total shareholder equity of NT$2.0B and total debt of NT$65.5M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are NT$4.6B and NT$2.6B respectively. Rich Honour International Designs's EBIT is NT$404.5M making its interest coverage ratio -25.5. It has cash and short-term investments of NT$1.7B.
Key information
3.3%
Debt to equity ratio
NT$65.50m
Debt
Interest coverage ratio | -25.5x |
Cash | NT$1.65b |
Equity | NT$2.00b |
Total liabilities | NT$2.59b |
Total assets | NT$4.59b |
Recent financial health updates
Recent updates
We Think You Can Look Beyond Rich Honour International Designs' (TWSE:6754) Lackluster Earnings
Mar 23Does It Make Sense To Buy Rich Honour International Designs Co., Ltd. (TPE:6754) For Its Yield?
Apr 01Is Rich Honour International Designs (TPE:6754) Likely To Turn Things Around?
Mar 11Are Rich Honour International Designs' (TPE:6754) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 18Rich Honour International Designs (TPE:6754) Share Prices Have Dropped 23% In The Last Year
Feb 03Is Rich Honour International Designs (TPE:6754) A Risky Investment?
Jan 14Are Rich Honour International Designs Co., Ltd.'s (TPE:6754) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Dec 30Should You Buy Rich Honour International Designs Co., Ltd. (TPE:6754) For Its Dividend?
Dec 14The Returns At Rich Honour International Designs (TPE:6754) Provide Us With Signs Of What's To Come
Nov 25Financial Position Analysis
Short Term Liabilities: 6754's short term assets (NT$3.6B) exceed its short term liabilities (NT$2.3B).
Long Term Liabilities: 6754's short term assets (NT$3.6B) exceed its long term liabilities (NT$263.1M).
Debt to Equity History and Analysis
Debt Level: 6754 has more cash than its total debt.
Reducing Debt: 6754's debt to equity ratio has reduced from 74.9% to 3.3% over the past 5 years.
Debt Coverage: 6754's debt is well covered by operating cash flow (888.5%).
Interest Coverage: 6754 earns more interest than it pays, so coverage of interest payments is not a concern.