Tung Mung Development Balance Sheet Health
Financial Health criteria checks 3/6
Tung Mung Development has a total shareholder equity of NT$3.2B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 74%. Its total assets and total liabilities are NT$6.2B and NT$3.1B respectively.
Key information
74.0%
Debt to equity ratio
NT$2.34b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$354.82m |
| Equity | NT$3.16b |
| Total liabilities | NT$3.09b |
| Total assets | NT$6.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1480's short term assets (NT$2.9B) exceed its short term liabilities (NT$2.6B).
Long Term Liabilities: 1480's short term assets (NT$2.9B) exceed its long term liabilities (NT$471.1M).
Debt to Equity History and Analysis
Debt Level: 1480's net debt to equity ratio (62.8%) is considered high.
Reducing Debt: 1480's debt to equity ratio has reduced from 120.4% to 74% over the past 5 years.
Debt Coverage: 1480's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1480's interest payments on its debt are well covered by EBIT.