Kee Tai Properties Balance Sheet Health
Financial Health criteria checks 2/6
Kee Tai Properties has a total shareholder equity of NT$5.9B and total debt of NT$9.5B, which brings its debt-to-equity ratio to 161.7%. Its total assets and total liabilities are NT$19.5B and NT$13.6B respectively. Kee Tai Properties's EBIT is NT$102.3M making its interest coverage ratio 1.9. It has cash and short-term investments of NT$4.1B.
Key information
161.7%
Debt to equity ratio
NT$9.48b
Debt
Interest coverage ratio | 1.9x |
Cash | NT$4.10b |
Equity | NT$5.86b |
Total liabilities | NT$13.63b |
Total assets | NT$19.49b |
Recent financial health updates
Kee Tai Properties (TWSE:2538) Has A Somewhat Strained Balance Sheet
Jul 15Here's Why Kee Tai Properties (TPE:2538) Is Weighed Down By Its Debt Load
Feb 13Recent updates
Kee Tai Properties (TWSE:2538) Has A Somewhat Strained Balance Sheet
Jul 15Factors Income Investors Should Consider Before Adding Kee Tai Properties Co. Ltd. (TPE:2538) To Their Portfolio
Apr 24Kee 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$13.6B).
Long Term Liabilities: 2538's short term assets (NT$18.3B) exceed its long term liabilities (NT$41.1M).
Debt to Equity History and Analysis
Debt Level: 2538's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: 2538's debt to equity ratio has increased from 140.3% to 161.7% over the past 5 years.
Debt Coverage: 2538's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: 2538's interest payments on its debt are not well covered by EBIT (1.9x coverage).