Cathay Real Estate DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 3/6
Cathay Real Estate DevelopmentLtd has a total shareholder equity of NT$28.5B and total debt of NT$36.4B, which brings its debt-to-equity ratio to 127.5%. Its total assets and total liabilities are NT$82.0B and NT$53.5B respectively. Cathay Real Estate DevelopmentLtd's EBIT is NT$2.6B making its interest coverage ratio 7.7. It has cash and short-term investments of NT$8.0B.
Key information
127.5%
Debt to equity ratio
NT$36.37b
Debt
| Interest coverage ratio | 7.7x |
| Cash | NT$7.99b |
| Equity | NT$28.53b |
| Total liabilities | NT$53.49b |
| Total assets | NT$82.02b |
Recent financial health updates
Here's Why Cathay Real Estate DevelopmentLtd (TWSE:2501) Has A Meaningful Debt Burden
Mar 15
Cathay Real Estate DevelopmentLtd (TPE:2501) Has A Somewhat Strained Balance Sheet
May 01We Think Cathay Real Estate DevelopmentLtd (TPE:2501) Is Taking Some Risk With Its Debt
Jan 28
Recent updates
Improved Earnings Required Before Cathay Real Estate Development Co.,Ltd. (TWSE:2501) Stock's 30% Jump Looks Justified
Apr 08Here's Why Cathay Real Estate DevelopmentLtd (TWSE:2501) Has A Meaningful Debt Burden
Mar 15Cathay Real Estate DevelopmentLtd (TPE:2501) Has A Somewhat Strained Balance Sheet
May 01Consider This Before Buying Cathay Real Estate Development Co.,Ltd. (TPE:2501) For The 5.1% Dividend
Mar 23What Type Of Shareholders Make Up Cathay Real Estate Development Co.,Ltd.'s (TPE:2501) Share Registry?
Mar 05Shareholders Of Cathay Real Estate DevelopmentLtd (TPE:2501) Must Be Happy With Their 50% Return
Feb 15We Think Cathay Real Estate DevelopmentLtd (TPE:2501) Is Taking Some Risk With Its Debt
Jan 28Is Cathay Real Estate Development Co.,Ltd.'s (TPE:2501) Stock On A Downtrend As A Result Of Its Poor Financials?
Jan 10Are Dividend Investors Getting More Than They Bargained For With Cathay Real Estate Development Co.,Ltd.'s (TPE:2501) Dividend?
Dec 23Do Institutions Own Cathay Real Estate Development Co.,Ltd. (TPE:2501) Shares?
Dec 04Financial Position Analysis
Short Term Liabilities: 2501's short term assets (NT$59.6B) exceed its short term liabilities (NT$32.2B).
Long Term Liabilities: 2501's short term assets (NT$59.6B) exceed its long term liabilities (NT$21.3B).
Debt to Equity History and Analysis
Debt Level: 2501's net debt to equity ratio (99.4%) is considered high.
Reducing Debt: 2501's debt to equity ratio has increased from 69.4% to 127.5% over the past 5 years.
Debt Coverage: 2501's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2501's interest payments on its debt are well covered by EBIT (7.7x coverage).