King's Town Construction Balance Sheet Health
Financial Health criteria checks 3/6
King's Town Construction has a total shareholder equity of NT$17.7B and total debt of NT$17.9B, which brings its debt-to-equity ratio to 101.2%. Its total assets and total liabilities are NT$37.0B and NT$19.3B respectively. King's Town Construction's EBIT is NT$805.2M making its interest coverage ratio 2.5. It has cash and short-term investments of NT$634.2M.
Key information
101.2%
Debt to equity ratio
NT$17.93b
Debt
| Interest coverage ratio | 2.5x |
| Cash | NT$634.23m |
| Equity | NT$17.73b |
| Total liabilities | NT$19.30b |
| Total assets | NT$37.03b |
Recent financial health updates
Here's Why King's Town Construction (TWSE:2524) Is Weighed Down By Its Debt Load
Mar 01
Here'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
There'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$36.1B) exceed its short term liabilities (NT$9.8B).
Long Term Liabilities: 2524's short term assets (NT$36.1B) exceed its long term liabilities (NT$9.5B).
Debt to Equity History and Analysis
Debt Level: 2524's net debt to equity ratio (97.6%) is considered high.
Reducing Debt: 2524's debt to equity ratio has reduced from 168.4% to 101.2% over the past 5 years.
Debt Coverage: 2524's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2524's interest payments on its debt are not well covered by EBIT (2.5x coverage).