Choice Development Balance Sheet Health
Financial Health criteria checks 4/6
Choice Development has a total shareholder equity of NT$846.3M and total debt of NT$8.7M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are NT$2.2B and NT$1.3B respectively.
Key information
1.0%
Debt to equity ratio
NT$8.72m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$378.57m |
| Equity | NT$846.30m |
| Total liabilities | NT$1.34b |
| Total assets | NT$2.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9929's short term assets (NT$631.0M) exceed its short term liabilities (NT$434.4M).
Long Term Liabilities: 9929's short term assets (NT$631.0M) do not cover its long term liabilities (NT$904.5M).
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 29.2% to 1% over the past 5 years.
Debt Coverage: 9929's debt is well covered by operating cash flow (537.5%).
Interest Coverage: Insufficient data to determine if 9929's interest payments on its debt are well covered by EBIT.