Kee Tai Properties Balance Sheet Health
Financial Health criteria checks 2/6
Kee Tai Properties has a total shareholder equity of NT$6.0B and total debt of NT$9.5B, which brings its debt-to-equity ratio to 158.1%. Its total assets and total liabilities are NT$19.6B and NT$13.6B respectively. Kee Tai Properties's EBIT is NT$43.1M making its interest coverage ratio 0.7. It has cash and short-term investments of NT$1.6B.
Key information
158.1%
Debt to equity ratio
NT$9.51b
Debt
| Interest coverage ratio | 0.7x |
| Cash | NT$1.64b |
| Equity | NT$6.01b |
| Total liabilities | NT$13.55b |
| Total assets | NT$19.57b |
Recent financial health updates
Recent updates
Factors Income Investors Should Consider Before Adding Kee Tai Properties Co. Ltd. (TPE:2538) To Their Portfolio
Apr 24
Kee Tai Properties (TPE:2538) Shares Have Generated A Total Return Of Negative 15% In The Last Five Years
Mar 20Here's Why Kee Tai Properties (TPE:2538) Is Weighed Down By Its Debt Load
Feb 13Should Kee Tai Properties Co. Ltd. (TPE:2538) Be Part Of Your Income Portfolio?
Jan 09What Are The Total Returns Earned By Shareholders Of Kee Tai Properties (TPE:2538) On Their Investment?
Dec 05Financial Position Analysis
Short Term Liabilities: 2538's short term assets (NT$18.3B) exceed its short term liabilities (NT$13.5B).
Long Term Liabilities: 2538's short term assets (NT$18.3B) exceed its long term liabilities (NT$43.8M).
Debt to Equity History and Analysis
Debt Level: 2538's net debt to equity ratio (130.8%) is considered high.
Reducing Debt: 2538's debt to equity ratio has increased from 128% to 158.1% over the past 5 years.
Debt Coverage: 2538's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2538's interest payments on its debt are not well covered by EBIT (0.7x coverage).