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 38.5%. 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 2. It has cash and short-term investments of NT$12.6B.
Key information
38.5%
Debt to equity ratio
NT$9.83b
Debt
| Interest coverage ratio | 2x |
| Cash | NT$12.62b |
| 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 38.5% over the past 5 years.
Debt Coverage: 2511's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 2511's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 14:51 |
| 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
Prince Housing & Development Corp. is covered by 14 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 |
|---|---|
| Changming Yeh | Barclays |
| Michelle Cheng | BNP Paribas Securities (Asia) |
| Donald Chua | CGS International |