Haiwan International Development Balance Sheet Health
Financial Health criteria checks 1/6
Haiwan International Development has a total shareholder equity of NT$2.0B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are NT$3.9B and NT$1.9B respectively. Haiwan International Development's EBIT is NT$50.9M making its interest coverage ratio 0.9. It has cash and short-term investments of NT$97.5M.
Key information
76.1%
Debt to equity ratio
NT$1.52b
Debt
| Interest coverage ratio | 0.9x |
| Cash | NT$97.47m |
| Equity | NT$2.00b |
| Total liabilities | NT$1.86b |
| Total assets | NT$3.86b |
Financial Position Analysis
Short Term Liabilities: 3252's short term assets (NT$532.0M) exceed its short term liabilities (NT$454.5M).
Long Term Liabilities: 3252's short term assets (NT$532.0M) do not cover its long term liabilities (NT$1.4B).
Debt to Equity History and Analysis
Debt Level: 3252's net debt to equity ratio (71.2%) is considered high.
Reducing Debt: 3252's debt to equity ratio has increased from 66% to 76.1% over the past 5 years.
Debt Coverage: 3252's debt is not well covered by operating cash flow (2%).
Interest Coverage: 3252's interest payments on its debt are not well covered by EBIT (0.9x coverage).