Kwong Fong Industries Balance Sheet Health
Financial Health criteria checks 4/6
Kwong Fong Industries has a total shareholder equity of NT$3.8B and total debt of NT$773.5M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are NT$4.9B and NT$1.1B respectively.
Key information
20.4%
Debt to equity ratio
NT$773.55m
Debt
Interest coverage ratio | n/a |
Cash | NT$275.49m |
Equity | NT$3.80b |
Total liabilities | NT$1.06b |
Total assets | NT$4.85b |
Recent financial health updates
Recent updates
Kwong Fong Industries (TWSE:1416) Has Affirmed Its Dividend Of NT$0.50
Jun 02Kwong Fong Industries' (TWSE:1416) Profits May Not Reveal Underlying Issues
Mar 26Kwong 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 26Financial Position Analysis
Short Term Liabilities: 1416's short term assets (NT$984.5M) exceed its short term liabilities (NT$313.1M).
Long Term Liabilities: 1416's short term assets (NT$984.5M) exceed its long term liabilities (NT$742.0M).
Debt to Equity History and Analysis
Debt Level: 1416's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: 1416's debt to equity ratio has reduced from 65.9% to 20.4% over the past 5 years.
Debt Coverage: 1416's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: Insufficient data to determine if 1416's interest payments on its debt are well covered by EBIT.