Le Young Construction Balance Sheet Health
Financial Health criteria checks 6/6
Le Young Construction has a total shareholder equity of NT$2.0B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$2.3B and NT$312.6M respectively. Le Young Construction's EBIT is NT$55.6M making its interest coverage ratio -6.5. It has cash and short-term investments of NT$1.1B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | -6.5x |
| Cash | NT$1.09b |
| Equity | NT$1.99b |
| Total liabilities | NT$312.62m |
| Total assets | NT$2.31b |
Recent financial health updates
No updates
Recent updates
Should You Buy Le Young Construction Co., Ltd. (GTSM:2599) For Its Dividend?
Apr 30
We Think Le Young Construction's (GTSM:2599) Statutory Profit Might Understate Its Earnings Potential
Feb 10
What To Know Before Buying Le Young Construction Co., Ltd. (GTSM:2599) For Its Dividend
Jan 14Shareholders Of Le Young Construction (GTSM:2599) Must Be Happy With Their 198% Total Return
Dec 19Financial Position Analysis
Short Term Liabilities: 2599's short term assets (NT$2.0B) exceed its short term liabilities (NT$310.8M).
Long Term Liabilities: 2599's short term assets (NT$2.0B) exceed its long term liabilities (NT$1.8M).
Debt to Equity History and Analysis
Debt Level: 2599 is debt free.
Reducing Debt: 2599 has no debt compared to 5 years ago when its debt to equity ratio was 5.3%.
Debt Coverage: 2599 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2599 has no debt, therefore coverage of interest payments is not a concern.