Highwealth Construction Balance Sheet Health
Financial Health criteria checks 3/6
Highwealth Construction has a total shareholder equity of NT$56.2B and total debt of NT$141.3B, which brings its debt-to-equity ratio to 251.6%. Its total assets and total liabilities are NT$231.6B and NT$175.4B respectively. Highwealth Construction's EBIT is NT$10.4B making its interest coverage ratio 11.7. It has cash and short-term investments of NT$13.9B.
Key information
251.6%
Debt to equity ratio
NT$141.30b
Debt
Interest coverage ratio | 11.7x |
Cash | NT$13.95b |
Equity | NT$56.16b |
Total liabilities | NT$175.44b |
Total assets | NT$231.59b |
Recent financial health updates
Is Highwealth Construction (TWSE:2542) Using Too Much Debt?
Jul 24Here'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 26Recent updates
Is 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$212.1B) exceed its short term liabilities (NT$153.1B).
Long Term Liabilities: 2542's short term assets (NT$212.1B) exceed its long term liabilities (NT$22.4B).
Debt to Equity History and Analysis
Debt Level: 2542's net debt to equity ratio (226.8%) is considered high.
Reducing Debt: 2542's debt to equity ratio has increased from 203.8% to 251.6% over the past 5 years.
Debt Coverage: 2542's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 2542's interest payments on its debt are well covered by EBIT (11.7x coverage).