Choice Development, Inc.

TWSE:9929 Stock Report

Market Cap: NT$1.6b

Choice Development Balance Sheet Health

Financial Health criteria checks 4/6

Choice Development has a total shareholder equity of NT$876.0M and total debt of NT$8.7M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are NT$2.1B and NT$1.2B respectively.

Key information

1.0%

Debt to equity ratio

NT$8.72m

Debt

Interest coverage ration/a
CashNT$402.32m
EquityNT$876.03m
Total liabilitiesNT$1.21b
Total assetsNT$2.08b

Recent financial health updates

No updates

Recent updates

We're Not So Sure You Should Rely on Choice Development's (TPE:9929) Statutory Earnings

Dec 24
We're Not So Sure You Should Rely on Choice Development's (TPE:9929) Statutory Earnings

Financial Position Analysis

Short Term Liabilities: 9929's short term assets (NT$615.8M) exceed its short term liabilities (NT$386.1M).

Long Term Liabilities: 9929's short term assets (NT$615.8M) do not cover its long term liabilities (NT$822.4M).

Debt to Equity History and Analysis

Debt Level: 9929 has more cash than its total debt.

Reducing Debt: 9929's debt to equity ratio has reduced from 54.4% to 1% over the past 5 years.

Debt Coverage: 9929's debt is well covered by operating cash flow (1360.3%).

Interest Coverage: Insufficient data to determine if 9929's interest payments on its debt are well covered by EBIT.

Balance Sheet

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