Kunyue Development Balance Sheet Health
Financial Health criteria checks 3/6
Kunyue Development has a total shareholder equity of NT$3.1B and total debt of NT$7.0B, which brings its debt-to-equity ratio to 230.4%. Its total assets and total liabilities are NT$12.2B and NT$9.1B respectively. Kunyue Development's EBIT is NT$434.7M making its interest coverage ratio -149.8. It has cash and short-term investments of NT$1.1B.
Key information
230.4%
Debt to equity ratio
NT$7.05b
Debt
| Interest coverage ratio | -149.8x |
| Cash | NT$1.05b |
| Equity | NT$3.06b |
| Total liabilities | NT$9.11b |
| Total assets | NT$12.17b |
Recent financial health updates
Kunyue Development (GTSM:5206) Use Of Debt Could Be Considered Risky
Feb 23
Kunyue Development (GTSM:5206) Seems To Be Using A Lot Of Debt
Nov 19
Recent updates
What To Know Before Buying Kunyue Development Co., Ltd. (GTSM:5206) For Its Dividend
Mar 16Kunyue Development (GTSM:5206) Use Of Debt Could Be Considered Risky
Feb 23Are Kunyue Development's (GTSM:5206) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 02Is Kunyue Development Co., Ltd.'s (GTSM:5206) ROE Of 12% Impressive?
Jan 12Kunyue Development (GTSM:5206) Has Gifted Shareholders With A Fantastic 120% Total Return On Their Investment
Dec 25What To Know Before Buying Kunyue Development Co., Ltd. (GTSM:5206) For Its Dividend
Dec 07Kunyue Development (GTSM:5206) Seems To Be Using A Lot Of Debt
Nov 19Financial Position Analysis
Short Term Liabilities: 5206's short term assets (NT$11.9B) exceed its short term liabilities (NT$8.1B).
Long Term Liabilities: 5206's short term assets (NT$11.9B) exceed its long term liabilities (NT$1.0B).
Debt to Equity History and Analysis
Debt Level: 5206's net debt to equity ratio (195.9%) is considered high.
Reducing Debt: 5206's debt to equity ratio has increased from 101.7% to 230.4% over the past 5 years.
Debt Coverage: 5206's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: 5206 earns more interest than it pays, so coverage of interest payments is not a concern.