Kwong Fong Industries Balance Sheet Health
Financial Health criteria checks 5/6
Kwong Fong Industries has a total shareholder equity of NT$4.0B and total debt of NT$1.0B, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are NT$5.4B and NT$1.3B respectively. Kwong Fong Industries's EBIT is NT$1.2M making its interest coverage ratio -0. It has cash and short-term investments of NT$229.7M.
Key information
25.0%
Debt to equity ratio
NT$1.01b
Debt
| Interest coverage ratio | -0.008x |
| Cash | NT$229.75m |
| Equity | NT$4.04b |
| Total liabilities | NT$1.34b |
| Total assets | NT$5.38b |
Recent financial health updates
Kwong Fong Industries (TWSE:1416) Is Making Moderate Use Of Debt
Aug 06
Kwong Fong Industries (TPE:1416) Has Debt But No Earnings; Should You Worry?
Feb 23Recent updates
There May Be Some Bright Spots In Kwong Fong Industries' (TWSE:1416) Earnings
Nov 19Kwong Fong Industries (TWSE:1416) Is Making Moderate Use Of Debt
Aug 06Kwong 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 26
Financial Position Analysis
Short Term Liabilities: 1416's short term assets (NT$967.0M) exceed its short term liabilities (NT$443.8M).
Long Term Liabilities: 1416's short term assets (NT$967.0M) exceed its long term liabilities (NT$896.6M).
Debt to Equity History and Analysis
Debt Level: 1416's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 1416's debt to equity ratio has reduced from 72.1% to 25% over the past 5 years.
Debt Coverage: 1416's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: 1416 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 08:29 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kwong Fong Industries Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Satish Kambhampati | Virtua Research Inc. |
| Dhanashree Nene | Virtua Research Inc. |