Hung Ching Development & Construction Balance Sheet Health
Financial Health criteria checks 3/6
Hung Ching Development & Construction has a total shareholder equity of NT$12.5B and total debt of NT$15.2B, which brings its debt-to-equity ratio to 121.6%. Its total assets and total liabilities are NT$30.4B and NT$18.0B respectively. Hung Ching Development & Construction's EBIT is NT$350.9M making its interest coverage ratio -2.3. It has cash and short-term investments of NT$468.1M.
Key information
121.6%
Debt to equity ratio
NT$15.16b
Debt
| Interest coverage ratio | -2.3x |
| Cash | NT$468.15m |
| Equity | NT$12.46b |
| Total liabilities | NT$17.98b |
| Total assets | NT$30.44b |
Recent financial health updates
Does Hung Ching Development & Construction (TWSE:2527) Have A Healthy Balance Sheet?
Aug 09
Here's Why Hung Ching Development & Construction (TPE:2527) Has A Meaningful Debt Burden
Apr 09Hung Ching Development & Construction (TPE:2527) Has A Somewhat Strained Balance Sheet
Dec 31Recent updates
Hung Ching Development & Construction's (TWSE:2527) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 21Hung Ching Development & Construction's (TWSE:2527) Dividend Will Be Increased To NT$1.50
Aug 12Does Hung Ching Development & Construction (TWSE:2527) Have A Healthy Balance Sheet?
Aug 09Impressive Earnings May Not Tell The Whole Story For Hung Ching Development & Construction (TWSE:2527)
Mar 22Hung Ching Development & Construction Co. Ltd (TWSE:2527) Held Back By Insufficient Growth Even After Shares Climb 28%
Mar 21Here's Why Hung Ching Development & Construction (TPE:2527) Has A Meaningful Debt Burden
Apr 09Know This Before Buying Hung Ching Development & Construction Co. Ltd. (TPE:2527) For Its Dividend
Mar 23Calculating The Intrinsic Value Of Hung Ching Development & Construction Co. Ltd. (TPE:2527)
Mar 05Should You Use Hung Ching Development & Construction's (TPE:2527) Statutory Earnings To Analyse It?
Feb 15What Kind Of Investors Own Most Of Hung Ching Development & Construction Co. Ltd. (TPE:2527)?
Jan 31
Hung Ching Development & Construction's (TPE:2527) Shareholders Are Down 27% On Their Shares
Jan 15Hung Ching Development & Construction (TPE:2527) Has A Somewhat Strained Balance Sheet
Dec 31Is Hung Ching Development & Construction Co. Ltd.'s (TPE:2527) 9.5% Dividend Sustainable?
Dec 16Estimating The Fair Value Of Hung Ching Development & Construction Co. Ltd. (TPE:2527)
Dec 01Financial Position Analysis
Short Term Liabilities: 2527's short term assets (NT$18.6B) exceed its short term liabilities (NT$14.4B).
Long Term Liabilities: 2527's short term assets (NT$18.6B) exceed its long term liabilities (NT$3.6B).
Debt to Equity History and Analysis
Debt Level: 2527's net debt to equity ratio (117.8%) is considered high.
Reducing Debt: 2527's debt to equity ratio has increased from 107.4% to 121.6% over the past 5 years.
Debt Coverage: 2527's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2527 earns more interest than it pays, so coverage of interest payments is not a concern.