Sakura DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sakura DevelopmentLtd has a total shareholder equity of NT$11.8B and total debt of NT$9.0B, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are NT$25.3B and NT$13.5B respectively. Sakura DevelopmentLtd's EBIT is NT$2.5B making its interest coverage ratio -813.9. It has cash and short-term investments of NT$866.8M.
Key information
76.0%
Debt to equity ratio
NT$8.97b
Debt
| Interest coverage ratio | -813.9x |
| Cash | NT$866.79m |
| Equity | NT$11.79b |
| Total liabilities | NT$13.48b |
| Total assets | NT$25.28b |
Recent financial health updates
Sakura DevelopmentLtd (TPE:2539) Has A Somewhat Strained Balance Sheet
Apr 22
We Think Sakura DevelopmentLtd (TPE:2539) Is Taking Some Risk With Its Debt
Jan 07
Recent updates
Optimistic Investors Push Sakura Development Co.,Ltd (TWSE:2539) Shares Up 28% But Growth Is Lacking
Feb 26Sakura DevelopmentLtd (TPE:2539) Has A Somewhat Strained Balance Sheet
Apr 22Why Sakura DevelopmentLtd's (TPE:2539) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 01Did You Participate In Any Of Sakura DevelopmentLtd's (TPE:2539) Fantastic 194% Return ?
Mar 11Is Sakura Development Co.,Ltd's (TPE:2539) Shareholder Ownership Skewed Towards Insiders?
Feb 18Is Sakura Development Co.,Ltd's (TPE:2539) 18% ROE Better Than Average?
Jan 28We Think Sakura DevelopmentLtd (TPE:2539) Is Taking Some Risk With Its Debt
Jan 07Did You Participate In Any Of Sakura DevelopmentLtd's (TPE:2539) Fantastic 201% Return ?
Dec 07Financial Position Analysis
Short Term Liabilities: 2539's short term assets (NT$25.2B) exceed its short term liabilities (NT$10.3B).
Long Term Liabilities: 2539's short term assets (NT$25.2B) exceed its long term liabilities (NT$3.2B).
Debt to Equity History and Analysis
Debt Level: 2539's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: 2539's debt to equity ratio has reduced from 97.5% to 76% over the past 5 years.
Debt Coverage: 2539's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: 2539 earns more interest than it pays, so coverage of interest payments is not a concern.