Prince Housing & Development Balance Sheet Health
Financial Health criteria checks 4/6
Prince Housing & Development has a total shareholder equity of NT$25.5B and total debt of NT$9.8B, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are NT$44.8B and NT$19.2B respectively. Prince Housing & Development's EBIT is NT$353.4M making its interest coverage ratio 1.4. It has cash and short-term investments of NT$12.6B.
Key information
38.4%
Debt to equity ratio
NT$9.82b
Debt
| Interest coverage ratio | 1.4x |
| Cash | NT$12.64b |
| Equity | NT$25.54b |
| Total liabilities | NT$19.24b |
| Total assets | NT$44.78b |
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
Prince Housing & Development's (TWSE:2511) Dividend Will Be Reduced To NT$0.36
Jul 22Prince Housing & Development (TWSE:2511) Is Paying Out Less In Dividends Than Last Year
Jun 21Earnings 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$20.2B) exceed its short term liabilities (NT$4.0B).
Long Term Liabilities: 2511's short term assets (NT$20.2B) exceed its long term liabilities (NT$15.2B).
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 85.7% to 38.4% over the past 5 years.
Debt Coverage: 2511's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: 2511's interest payments on its debt are not well covered by EBIT (1.4x coverage).