Kwong Lung Enterprise Balance Sheet Health
Financial Health criteria checks 6/6
Kwong Lung Enterprise has a total shareholder equity of NT$5.6B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 18.5%. Its total assets and total liabilities are NT$8.0B and NT$2.4B respectively. Kwong Lung Enterprise's EBIT is NT$597.2M making its interest coverage ratio -16.6. It has cash and short-term investments of NT$1.5B.
Key information
18.5%
Debt to equity ratio
NT$1.03b
Debt
| Interest coverage ratio | -16.6x |
| Cash | NT$1.48b |
| Equity | NT$5.60b |
| Total liabilities | NT$2.38b |
| Total assets | NT$7.98b |
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$4.0B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 8916's short term assets (NT$4.0B) exceed its long term liabilities (NT$654.5M).
Debt to Equity History and Analysis
Debt Level: 8916 has more cash than its total debt.
Reducing Debt: 8916's debt to equity ratio has reduced from 33.8% to 18.5% over the past 5 years.
Debt Coverage: 8916's debt is well covered by operating cash flow (121.7%).
Interest Coverage: 8916 earns more interest than it pays, so coverage of interest payments is not a concern.