Choice Development Balance Sheet Health
Financial Health criteria checks 5/6
Choice Development has a total shareholder equity of NT$832.2M and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$2.0B and NT$1.2B respectively.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | n/a |
| Cash | NT$357.43m |
| Equity | NT$832.22m |
| Total liabilities | NT$1.17b |
| Total assets | NT$2.00b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9929's short term assets (NT$563.2M) exceed its short term liabilities (NT$381.6M).
Long Term Liabilities: 9929's short term assets (NT$563.2M) do not cover its long term liabilities (NT$788.1M).
Debt to Equity History and Analysis
Debt Level: 9929 is debt free.
Reducing Debt: 9929 has no debt compared to 5 years ago when its debt to equity ratio was 50.4%.
Debt Coverage: 9929 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9929 has no debt, therefore coverage of interest payments is not a concern.