Cheng Loong Balance Sheet Health
Financial Health criteria checks 2/6
Cheng Loong has a total shareholder equity of NT$30.1B and total debt of NT$29.1B, which brings its debt-to-equity ratio to 96.8%. Its total assets and total liabilities are NT$71.0B and NT$40.9B respectively. Cheng Loong's EBIT is NT$2.0B making its interest coverage ratio 2.3. It has cash and short-term investments of NT$5.4B.
Key information
96.8%
Debt to equity ratio
NT$29.13b
Debt
| Interest coverage ratio | 2.3x |
| Cash | NT$5.43b |
| Equity | NT$30.10b |
| Total liabilities | NT$40.91b |
| Total assets | NT$71.01b |
Recent financial health updates
Cheng Loong (TWSE:1904) Has A Somewhat Strained Balance Sheet
Nov 13
Cheng Loong (TWSE:1904) Takes On Some Risk With Its Use Of Debt
Aug 09Does Cheng Loong (TPE:1904) Have A Healthy Balance Sheet?
Apr 16Cheng Loong (TPE:1904) Seems To Use Debt Quite Sensibly
Jan 09Recent updates
There May Be Underlying Issues With The Quality Of Cheng Loong's (TWSE:1904) Earnings
Nov 25Cheng Loong (TWSE:1904) Has A Somewhat Strained Balance Sheet
Nov 13Cheng Loong Corporation's (TWSE:1904) Share Price Could Signal Some Risk
Sep 04Cheng Loong (TWSE:1904) Takes On Some Risk With Its Use Of Debt
Aug 09Cheng Loong's (TWSE:1904) Dividend Will Be Reduced To NT$0.50
Jun 23Cheng Loong (TWSE:1904) Is Paying Out Less In Dividends Than Last Year
Jun 09How Does Cheng Loong Corporation (TPE:1904) Stand Up To These Simple Dividend Safety Checks?
May 01Does Cheng Loong (TPE:1904) Have A Healthy Balance Sheet?
Apr 16Cheng Loong's (TPE:1904) Returns On Capital Are Heading Higher
Mar 30Should You Be Adding Cheng Loong (TPE:1904) To Your Watchlist Today?
Mar 15Is Cheng Loong Corporation's(TPE:1904) Recent Stock Performance Tethered To Its Strong Fundamentals?
Mar 02Did You Participate In Any Of Cheng Loong's (TPE:1904) Fantastic 237% Return ?
Feb 17Is Cheng Loong Corporation (TPE:1904) Worth NT$29.3 Based On Its Intrinsic Value?
Feb 04Does Cheng Loong Corporation (TPE:1904) Have A Place In Your Dividend Portfolio?
Jan 22
Cheng Loong (TPE:1904) Seems To Use Debt Quite Sensibly
Jan 09Will The ROCE Trend At Cheng Loong (TPE:1904) Continue?
Dec 25Do Cheng Loong's (TPE:1904) Earnings Warrant Your Attention?
Dec 12Cheng Loong Corporation's (TPE:1904) Stock Is Going Strong: Is the Market Following Fundamentals?
Nov 26Financial Position Analysis
Short Term Liabilities: 1904's short term assets (NT$24.1B) exceed its short term liabilities (NT$20.2B).
Long Term Liabilities: 1904's short term assets (NT$24.1B) exceed its long term liabilities (NT$20.7B).
Debt to Equity History and Analysis
Debt Level: 1904's net debt to equity ratio (78.7%) is considered high.
Reducing Debt: 1904's debt to equity ratio has increased from 93.2% to 96.8% over the past 5 years.
Debt Coverage: 1904's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 1904's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 10:50 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cheng Loong Corporation is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Angela Chen | E.Sun Securities Investment Consulting Co. Ltd. |
| Tsu-ying Lin | Jih Sun Securities Investment Consulting Co., Ltd. |
| Angus Chuang | KGI Securities Co. Ltd. |