Li Ming Development Construction Balance Sheet Health
Financial Health criteria checks 4/6
Li Ming Development Construction has a total shareholder equity of NT$3.3B and total debt of NT$6.3B, which brings its debt-to-equity ratio to 193.2%. Its total assets and total liabilities are NT$11.0B and NT$7.8B respectively. Li Ming Development Construction's EBIT is NT$1.0B making its interest coverage ratio 144.7. It has cash and short-term investments of NT$32.1M.
Key information
193.2%
Debt to equity ratio
NT$6.33b
Debt
| Interest coverage ratio | 144.7x |
| Cash | NT$32.06m |
| Equity | NT$3.28b |
| Total liabilities | NT$7.77b |
| Total assets | NT$11.04b |
Recent financial health updates
Recent updates
Li Ming Development Construction Co., Ltd. (GTSM:6212) Delivered A Weaker ROE Than Its Industry
Mar 17
We're Not So Sure You Should Rely on Li Ming Development Construction's (GTSM:6212) Statutory Earnings
Feb 08Did You Participate In Any Of Li Ming Development Construction's (GTSM:6212) Fantastic 173% Return ?
Jan 11
Is Li Ming Development Construction (GTSM:6212) A Risky Investment?
Dec 14Should We Be Cautious About Li Ming Development Construction Co., Ltd.'s (GTSM:6212) ROE Of 4.8%?
Nov 23Financial Position Analysis
Short Term Liabilities: 6212's short term assets (NT$11.0B) exceed its short term liabilities (NT$7.8B).
Long Term Liabilities: 6212's short term assets (NT$11.0B) exceed its long term liabilities (NT$2.1M).
Debt to Equity History and Analysis
Debt Level: 6212's net debt to equity ratio (192.2%) is considered high.
Reducing Debt: 6212's debt to equity ratio has increased from 102.4% to 193.2% over the past 5 years.
Debt Coverage: 6212's debt is well covered by operating cash flow (61.1%).
Interest Coverage: 6212's interest payments on its debt are well covered by EBIT (144.7x coverage).