Kwong Fong Industries Balance Sheet Health
Financial Health criteria checks 5/6
Kwong Fong Industries has a total shareholder equity of NT$3.6B and total debt of NT$702.0M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are NT$4.6B and NT$1.0B respectively.
Key information
19.7%
Debt to equity ratio
NT$701.99m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$320.61m |
| Equity | NT$3.56b |
| Total liabilities | NT$1.03b |
| Total assets | NT$4.59b |
Recent financial health updates
Recent updates
Kwong Fong Industries' (TWSE:1416) Profits May Not Reveal Underlying Issues
Mar 26
Kwong Fong Industries Corporation (TWSE:1416) Investors Are Less Pessimistic Than Expected
Mar 07Know This Before Buying Kwong Fong Industries Corporation (TPE:1416) For Its Dividend
Apr 17Kwong Fong Industries (TPE:1416) Has Debt But No Earnings; Should You Worry?
Feb 23Kwong Fong Industries (TPE:1416) Shares Have Generated A Total Return Of Negative 26% In The Last Five Years
Jan 18A Look At The Intrinsic Value Of Kwong Fong Industries Corporation (TPE:1416)
Nov 26
Financial Position Analysis
Short Term Liabilities: 1416's short term assets (NT$1.1B) exceed its short term liabilities (NT$307.6M).
Long Term Liabilities: 1416's short term assets (NT$1.1B) exceed its long term liabilities (NT$722.5M).
Debt to Equity History and Analysis
Debt Level: 1416's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 1416's debt to equity ratio has reduced from 64.1% to 19.7% over the past 5 years.
Debt Coverage: 1416's debt is well covered by operating cash flow (36.4%).
Interest Coverage: Insufficient data to determine if 1416's interest payments on its debt are well covered by EBIT.