Central Reinsurance Corporation

TWSE:2851 Stock Report

Market Cap: NT$21.7b

Central Reinsurance Balance Sheet Health

Financial Health criteria checks 6/6

Central Reinsurance has a total shareholder equity of NT$19.1B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$53.9B and NT$34.8B respectively. Central Reinsurance's EBIT is NT$2.5B making its interest coverage ratio 82104.8. It has cash and short-term investments of NT$25.3B.

Key information

0%

Debt to equity ratio

NT$0

Debt

Interest coverage ratio82104.8x
CashNT$25.29b
EquityNT$19.05b
Total liabilitiesNT$34.84b
Total assetsNT$53.90b

Recent financial health updates

No updates

Recent updates

Is Central Reinsurance Corporation's (TPE:2851) Latest Stock Performance A Reflection Of Its Financial Health?

Feb 27
Is Central Reinsurance Corporation's (TPE:2851) Latest Stock Performance A Reflection Of Its Financial Health?

Central Reinsurance Corporation's (TPE:2851) 4.2% Dividend Yield Looks Pretty Interesting

Feb 01
Central Reinsurance Corporation's (TPE:2851) 4.2% Dividend Yield Looks Pretty Interesting

Did You Participate In Any Of Central Reinsurance's (TPE:2851) Respectable 98% Return?

Dec 26
Did You Participate In Any Of Central Reinsurance's (TPE:2851) Respectable 98% Return?

Is Central Reinsurance Corporation's (TPE:2851) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Nov 29
Is Central Reinsurance Corporation's (TPE:2851) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Financial Position Analysis

Short Term Liabilities: 2851's short term assets (NT$35.7B) exceed its short term liabilities (NT$23.3B).

Long Term Liabilities: 2851's short term assets (NT$35.7B) exceed its long term liabilities (NT$11.5B).


Debt to Equity History and Analysis

Debt Level: 2851 is debt free.

Reducing Debt: 2851 has not had any debt for past 5 years.

Debt Coverage: 2851 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2851 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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