Cheng Loong Balance Sheet Health
Financial Health criteria checks 2/6
Cheng Loong has a total shareholder equity of NT$29.7B and total debt of NT$28.1B, which brings its debt-to-equity ratio to 94.8%. Its total assets and total liabilities are NT$70.6B and NT$40.9B respectively. Cheng Loong's EBIT is NT$2.0B making its interest coverage ratio 2.6. It has cash and short-term investments of NT$6.0B.
Key information
94.8%
Debt to equity ratio
NT$28.15b
Debt
| Interest coverage ratio | 2.6x |
| Cash | NT$6.05b |
| Equity | NT$29.70b |
| Total liabilities | NT$40.93b |
| Total assets | NT$70.63b |
Recent financial health updates
Does Cheng Loong (TPE:1904) Have A Healthy Balance Sheet?
Apr 16
Cheng Loong (TPE:1904) Seems To Use Debt Quite Sensibly
Jan 09Recent updates
How 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$23.6B) exceed its short term liabilities (NT$17.2B).
Long Term Liabilities: 1904's short term assets (NT$23.6B) do not cover its long term liabilities (NT$23.7B).
Debt to Equity History and Analysis
Debt Level: 1904's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: 1904's debt to equity ratio has reduced from 97.2% to 94.8% over the past 5 years.
Debt Coverage: 1904's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: 1904's interest payments on its debt are not well covered by EBIT (2.6x coverage).