Kwong Lung Enterprise Balance Sheet Health
Financial Health criteria checks 6/6
Kwong Lung Enterprise has a total shareholder equity of NT$5.9B and total debt of NT$2.2B, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are NT$9.6B and NT$3.8B respectively. Kwong Lung Enterprise's EBIT is NT$557.9M making its interest coverage ratio -20.3. It has cash and short-term investments of NT$963.2M.
Key information
37.3%
Debt to equity ratio
NT$2.19b
Debt
| Interest coverage ratio | -20.3x |
| Cash | NT$963.19m |
| Equity | NT$5.87b |
| Total liabilities | NT$3.77b |
| Total assets | NT$9.64b |
Recent financial health updates
Recent updates
Kwong Lung Enterprise (GTSM:8916) Will Be Hoping To Turn Its Returns On Capital Around
Apr 02
Are Dividend Investors Making A Mistake With Kwong Lung Enterprise Co., Ltd. (GTSM:8916)?
Feb 25Kwong Lung Enterprise (GTSM:8916) Seems To Use Debt Quite Sensibly
Jan 22We're Watching These Trends At Kwong Lung Enterprise (GTSM:8916)
Dec 31
Kwong Lung Enterprise Co., Ltd. (GTSM:8916) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Dec 17How Much Is Kwong Lung Enterprise Co., Ltd. (GTSM:8916) CEO Getting Paid?
Nov 25Financial Position Analysis
Short Term Liabilities: 8916's short term assets (NT$4.4B) exceed its short term liabilities (NT$3.0B).
Long Term Liabilities: 8916's short term assets (NT$4.4B) exceed its long term liabilities (NT$759.5M).
Debt to Equity History and Analysis
Debt Level: 8916's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: 8916's debt to equity ratio has reduced from 37.8% to 37.3% over the past 5 years.
Debt Coverage: 8916's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 8916 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 16:04 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kwong Lung Enterprise Co., Ltd. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zhangni Wang | Jih Sun Securities Investment Consulting Co., Ltd. |
| Shawn Yang | Masterlink Securities Corp. |
| Zhangni Wang | SinoPac Securities Investment Service |