Keding Enterprises Balance Sheet Health
Financial Health criteria checks 1/6
Keding Enterprises has a total shareholder equity of NT$2.1B and total debt of NT$3.7B, which brings its debt-to-equity ratio to 178.2%. Its total assets and total liabilities are NT$6.4B and NT$4.3B respectively. Keding Enterprises's EBIT is NT$372.6M making its interest coverage ratio 6.2. It has cash and short-term investments of NT$124.9M.
Key information
178.2%
Debt to equity ratio
NT$3.72b
Debt
| Interest coverage ratio | 6.2x |
| Cash | NT$124.91m |
| Equity | NT$2.09b |
| Total liabilities | NT$4.29b |
| Total assets | NT$6.38b |
Recent financial health updates
Recent updates
Keding Enterprises' (TWSE:6655) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Mar 22
Should Keding Enterprises Co., Ltd. (TPE:6655) Be Part Of Your Dividend Portfolio?
Mar 11Should We Be Excited About The Trends Of Returns At Keding Enterprises (TPE:6655)?
Feb 16
Here's Why Keding Enterprises (TPE:6655) Has A Meaningful Debt Burden
Jan 26Keding Enterprises'(TPE:6655) Share Price Is Down 18% Over The Past Three Years.
Jan 08Keding Enterprises Co., Ltd. (TPE:6655) Delivered A Better ROE Than Its Industry
Dec 15Key Things To Consider Before Buying Keding Enterprises Co., Ltd. (TPE:6655) For Its Dividend
Nov 24Financial Position Analysis
Short Term Liabilities: 6655's short term assets (NT$1.5B) do not cover its short term liabilities (NT$1.7B).
Long Term Liabilities: 6655's short term assets (NT$1.5B) do not cover its long term liabilities (NT$2.6B).
Debt to Equity History and Analysis
Debt Level: 6655's net debt to equity ratio (172.2%) is considered high.
Reducing Debt: 6655's debt to equity ratio has increased from 144.2% to 178.2% over the past 5 years.
Debt Coverage: 6655's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: 6655's interest payments on its debt are well covered by EBIT (6.2x coverage).