Highwealth Construction Balance Sheet Health
Financial Health criteria checks 4/6
Highwealth Construction has a total shareholder equity of NT$61.0B and total debt of NT$143.2B, which brings its debt-to-equity ratio to 234.6%. Its total assets and total liabilities are NT$241.7B and NT$180.7B respectively. Highwealth Construction's EBIT is NT$7.5B making its interest coverage ratio 14. It has cash and short-term investments of NT$16.6B.
Key information
234.6%
Debt to equity ratio
NT$143.19b
Debt
| Interest coverage ratio | 14x |
| Cash | NT$16.57b |
| Equity | NT$61.04b |
| Total liabilities | NT$180.65b |
| Total assets | NT$241.69b |
Recent financial health updates
Is Highwealth Construction (TWSE:2542) Using Too Much Debt?
Jul 24
Here's Why Highwealth Construction (TWSE:2542) Has A Meaningful Debt Burden
Apr 09Highwealth Construction (TPE:2542) Seems To Be Using A Lot Of Debt
Apr 29Highwealth Construction (TPE:2542) Has No Shortage Of Debt
Jan 26
Recent updates
One Highwealth Construction Corp. (TWSE:2542) Analyst Is Reducing Their Forecasts For Next Year
Nov 21Investors Appear Satisfied With Highwealth Construction Corp.'s (TWSE:2542) Prospects
Sep 11Highwealth Construction (TWSE:2542) Is Due To Pay A Dividend Of NT$0.50
Aug 20Is Highwealth Construction (TWSE:2542) Using Too Much Debt?
Jul 24What Highwealth Construction Corp.'s (TWSE:2542) P/E Is Not Telling You
Jun 11Here's Why Highwealth Construction (TWSE:2542) Has A Meaningful Debt Burden
Apr 09Highwealth Construction (TPE:2542) Seems To Be Using A Lot Of Debt
Apr 29Are Dividend Investors Getting More Than They Bargained For With Highwealth Construction Corp.'s (TPE:2542) Dividend?
Apr 08A Closer Look At Highwealth Construction Corp.'s (TPE:2542) Impressive ROE
Mar 07Highwealth Construction (TPE:2542) Has Gifted Shareholders With A Fantastic 128% Total Return On Their Investment
Feb 14Highwealth Construction (TPE:2542) Has No Shortage Of Debt
Jan 26Is Highwealth Construction Corp. (TPE:2542) At Risk Of Cutting Its Dividend?
Jan 08We're Not Counting On Highwealth Construction (TPE:2542) To Sustain Its Statutory Profitability
Dec 21Highwealth Construction Corp. (TPE:2542) Delivered A Better ROE Than Its Industry
Dec 03Financial Position Analysis
Short Term Liabilities: 2542's short term assets (NT$218.8B) exceed its short term liabilities (NT$156.5B).
Long Term Liabilities: 2542's short term assets (NT$218.8B) exceed its long term liabilities (NT$24.2B).
Debt to Equity History and Analysis
Debt Level: 2542's net debt to equity ratio (207.4%) is considered high.
Reducing Debt: 2542's debt to equity ratio has reduced from 253.7% to 234.6% over the past 5 years.
Debt Coverage: 2542's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 2542's interest payments on its debt are well covered by EBIT (14x coverage).