King's Town Construction Balance Sheet Health
Financial Health criteria checks 4/6
King's Town Construction has a total shareholder equity of NT$18.7B and total debt of NT$16.2B, which brings its debt-to-equity ratio to 86.9%. Its total assets and total liabilities are NT$39.0B and NT$20.3B respectively. King's Town Construction's EBIT is NT$1.6B making its interest coverage ratio 4.7. It has cash and short-term investments of NT$674.4M.
Key information
86.9%
Debt to equity ratio
NT$16.23b
Debt
| Interest coverage ratio | 4.7x |
| Cash | NT$674.44m |
| Equity | NT$18.67b |
| Total liabilities | NT$20.35b |
| Total assets | NT$39.01b |
Recent financial health updates
These 4 Measures Indicate That King's Town Construction (TWSE:2524) Is Using Debt Extensively
Nov 10
Does King's Town Construction (TWSE:2524) Have A Healthy Balance Sheet?
Jul 14Here's Why King's Town Construction (TWSE:2524) Is Weighed Down By Its Debt Load
Mar 01Here's Why King's Town Construction (TPE:2524) Can Manage Its Debt Responsibly
Mar 22We Think King's Town Construction (TPE:2524) Can Stay On Top Of Its Debt
Dec 21
Recent updates
These 4 Measures Indicate That King's Town Construction (TWSE:2524) Is Using Debt Extensively
Nov 10Some Confidence Is Lacking In King's Town Construction Co., Ltd. (TWSE:2524) As Shares Slide 28%
Oct 14Subdued Growth No Barrier To King's Town Construction Co., Ltd. (TWSE:2524) With Shares Advancing 26%
Jul 16Does King's Town Construction (TWSE:2524) Have A Healthy Balance Sheet?
Jul 14There's Reason For Concern Over King's Town Construction Co., Ltd.'s (TWSE:2524) Massive 27% Price Jump
Apr 22King's Town Construction Co., Ltd. (TWSE:2524) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Mar 06Here's Why King's Town Construction (TWSE:2524) Is Weighed Down By Its Debt Load
Mar 01We Think King's Town Construction's (TPE:2524) Solid Earnings Are Understated
Apr 05Here's Why King's Town Construction (TPE:2524) Can Manage Its Debt Responsibly
Mar 22Is King's Town Construction Co., Ltd. (TPE:2524) A High Quality Stock To Own?
Mar 05Could The King's Town Construction Co., Ltd. (TPE:2524) Ownership Structure Tell Us Something Useful?
Feb 15Update: King's Town Construction (TPE:2524) Stock Gained 96% In The Last Five Years
Jan 28Here's Why I Think King's Town Construction (TPE:2524) Might Deserve Your Attention Today
Jan 10We Think King's Town Construction (TPE:2524) Can Stay On Top Of Its Debt
Dec 21A Closer Look At King's Town Construction Co., Ltd.'s (TPE:2524) Impressive ROE
Dec 04Financial Position Analysis
Short Term Liabilities: 2524's short term assets (NT$38.1B) exceed its short term liabilities (NT$10.9B).
Long Term Liabilities: 2524's short term assets (NT$38.1B) exceed its long term liabilities (NT$9.5B).
Debt to Equity History and Analysis
Debt Level: 2524's net debt to equity ratio (83.3%) is considered high.
Reducing Debt: 2524's debt to equity ratio has reduced from 156.8% to 86.9% over the past 5 years.
Debt Coverage: 2524's debt is not well covered by operating cash flow (1.4%).
Interest Coverage: 2524's interest payments on its debt are well covered by EBIT (4.7x coverage).