Sakura DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sakura DevelopmentLtd has a total shareholder equity of NT$12.2B and total debt of NT$9.8B, which brings its debt-to-equity ratio to 80.2%. Its total assets and total liabilities are NT$27.0B and NT$14.8B respectively. Sakura DevelopmentLtd's EBIT is NT$2.4B making its interest coverage ratio -715.8. It has cash and short-term investments of NT$2.7B.
Key information
80.2%
Debt to equity ratio
NT$9.78b
Debt
| Interest coverage ratio | -715.8x |
| Cash | NT$2.72b |
| Equity | NT$12.20b |
| Total liabilities | NT$14.77b |
| Total assets | NT$26.97b |
Recent financial health updates
Here's Why Sakura DevelopmentLtd (TWSE:2539) Can Manage Its Debt Responsibly
May 29
Sakura DevelopmentLtd (TPE:2539) Has A Somewhat Strained Balance Sheet
Apr 22We Think Sakura DevelopmentLtd (TPE:2539) Is Taking Some Risk With Its Debt
Jan 07
Recent updates
Sakura Development Co.,Ltd's (TWSE:2539) Share Price Matching Investor Opinion
Jun 19Here's Why Sakura DevelopmentLtd (TWSE:2539) Can Manage Its Debt Responsibly
May 29If EPS Growth Is Important To You, Sakura DevelopmentLtd (TWSE:2539) Presents An Opportunity
May 07Optimistic 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$26.9B) exceed its short term liabilities (NT$10.5B).
Long Term Liabilities: 2539's short term assets (NT$26.9B) exceed its long term liabilities (NT$4.3B).
Debt to Equity History and Analysis
Debt Level: 2539's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: 2539's debt to equity ratio has reduced from 110.4% to 80.2% over the past 5 years.
Debt Coverage: 2539's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2539 earns more interest than it pays, so coverage of interest payments is not a concern.