Tung Mung Development Balance Sheet Health
Financial Health criteria checks 4/6
Tung Mung Development has a total shareholder equity of NT$3.2B and total debt of NT$1.4B, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are NT$5.9B and NT$2.7B respectively.
Key information
44.4%
Debt to equity ratio
NT$1.40b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$262.95m |
| Equity | NT$3.16b |
| Total liabilities | NT$2.72b |
| Total assets | NT$5.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1480's short term assets (NT$2.6B) exceed its short term liabilities (NT$1.6B).
Long Term Liabilities: 1480's short term assets (NT$2.6B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 1480's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 1480's debt to equity ratio has reduced from 113.9% to 44.4% 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.