WE & WIN Development Balance Sheet Health
Financial Health criteria checks 2/6
WE & WIN Development has a total shareholder equity of NT$4.1B and total debt of NT$9.4B, which brings its debt-to-equity ratio to 229.3%. Its total assets and total liabilities are NT$16.1B and NT$12.0B respectively. WE & WIN Development's EBIT is NT$82.9M making its interest coverage ratio 0.8. It has cash and short-term investments of NT$352.9M.
Key information
229.3%
Debt to equity ratio
NT$9.39b
Debt
Interest coverage ratio | 0.8x |
Cash | NT$352.88m |
Equity | NT$4.10b |
Total liabilities | NT$12.03b |
Total assets | NT$16.12b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2537's short term assets (NT$15.2B) exceed its short term liabilities (NT$10.0B).
Long Term Liabilities: 2537's short term assets (NT$15.2B) exceed its long term liabilities (NT$2.0B).
Debt to Equity History and Analysis
Debt Level: 2537's net debt to equity ratio (220.7%) is considered high.
Reducing Debt: 2537's debt to equity ratio has increased from 80.9% to 229.3% over the past 5 years.
Debt Coverage: 2537's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2537's interest payments on its debt are not well covered by EBIT (0.8x coverage).