Prince Housing & Development Balance Sheet Health
Financial Health criteria checks 5/6
Prince Housing & Development has a total shareholder equity of NT$26.0B and total debt of NT$10.2B, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are NT$46.3B and NT$20.3B respectively. Prince Housing & Development's EBIT is NT$627.6M making its interest coverage ratio 3.3. It has cash and short-term investments of NT$13.4B.
Key information
39.1%
Debt to equity ratio
NT$10.16b
Debt
| Interest coverage ratio | 3.3x |
| Cash | NT$13.40b |
| Equity | NT$25.98b |
| Total liabilities | NT$20.27b |
| Total assets | NT$46.25b |
Recent financial health updates
Here's Why Prince Housing & Development (TPE:2511) Has A Meaningful Debt Burden
Apr 26
Is Prince Housing & Development (TPE:2511) Using Debt Sensibly?
Jan 17Recent updates
Earnings Not Telling The Story For Prince Housing & Development Corp. (TWSE:2511)
Apr 22Here's Why Prince Housing & Development (TPE:2511) Has A Meaningful Debt Burden
Apr 26Zooming in on TPE:2511's 4.5% Dividend Yield
Apr 04Did You Participate In Any Of Prince Housing & Development's (TPE:2511) Respectable 59% Return?
Mar 09Are Prince Housing & Development's (TPE:2511) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 07Is Prince Housing & Development (TPE:2511) Using Debt Sensibly?
Jan 17How Does Prince Housing & Development Corp. (TPE:2511) Fare As A Dividend Stock?
Dec 23
Prince Housing & Development (TPE:2511) Has Compensated Shareholders With A Respectable 83% Return On Their Investment
Dec 01Financial Position Analysis
Short Term Liabilities: 2511's short term assets (NT$21.4B) exceed its short term liabilities (NT$4.4B).
Long Term Liabilities: 2511's short term assets (NT$21.4B) exceed its long term liabilities (NT$15.9B).
Debt to Equity History and Analysis
Debt Level: 2511 has more cash than its total debt.
Reducing Debt: 2511's debt to equity ratio has reduced from 83% to 39.1% over the past 5 years.
Debt Coverage: 2511's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 2511's interest payments on its debt are well covered by EBIT (3.3x coverage).