Hotel Holiday Garden Balance Sheet Health
Financial Health criteria checks 3/6
Hotel Holiday Garden has a total shareholder equity of NT$3.3B and total debt of NT$4.8B, which brings its debt-to-equity ratio to 144.8%. Its total assets and total liabilities are NT$8.6B and NT$5.3B respectively. Hotel Holiday Garden's EBIT is NT$70.7M making its interest coverage ratio 0.3. It has cash and short-term investments of NT$3.0B.
Key information
144.8%
Debt to equity ratio
NT$4.78b
Debt
| Interest coverage ratio | 0.3x |
| Cash | NT$2.98b |
| Equity | NT$3.30b |
| Total liabilities | NT$5.29b |
| Total assets | NT$8.59b |
Recent financial health updates
Is Hotel Holiday Garden (TPE:2702) Weighed On By Its Debt Load?
Apr 03
Is Hotel Holiday Garden (TPE:2702) Using Debt Sensibly?
Dec 18
Recent updates
Hotel Holiday Garden's (TWSE:2702) Shareholders Have More To Worry About Than Lackluster Earnings
May 22Is Hotel Holiday Garden (TPE:2702) Weighed On By Its Debt Load?
Apr 03Does Hotel Holiday Garden's (TPE:2702) Share Price Gain of 17% Match Its Business Performance?
Feb 09Is Hotel Holiday Garden (TPE:2702) Using Debt Sensibly?
Dec 18Financial Position Analysis
Short Term Liabilities: 2702's short term assets (NT$3.8B) exceed its short term liabilities (NT$1.5B).
Long Term Liabilities: 2702's short term assets (NT$3.8B) exceed its long term liabilities (NT$3.8B).
Debt to Equity History and Analysis
Debt Level: 2702's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: 2702's debt to equity ratio has reduced from 299% to 144.8% over the past 5 years.
Debt Coverage: 2702's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 2702's interest payments on its debt are not well covered by EBIT (0.3x coverage).