Sunty Development Balance Sheet Health
Financial Health criteria checks 4/6
Sunty Development has a total shareholder equity of NT$6.0B and total debt of NT$4.0B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are NT$13.1B and NT$7.1B respectively. Sunty Development's EBIT is NT$745.9M making its interest coverage ratio 63.2. It has cash and short-term investments of NT$1.3B.
Key information
66.9%
Debt to equity ratio
NT$4.04b
Debt
| Interest coverage ratio | 63.2x |
| Cash | NT$1.29b |
| Equity | NT$6.03b |
| Total liabilities | NT$7.11b |
| Total assets | NT$13.14b |
Recent financial health updates
Sunty Development (TWSE:3266) Takes On Some Risk With Its Use Of Debt
Mar 05
Is Sunty Development (TPE:3266) A Risky Investment?
Mar 01These 4 Measures Indicate That Sunty Development (TPE:3266) Is Using Debt Extensively
Nov 30
Recent updates
Investors Still Aren't Entirely Convinced By Sunty Development Co., LTD's (TWSE:3266) Earnings Despite 26% Price Jump
Apr 29Solid Earnings Reflect Sunty Development's (TWSE:3266) Strength As A Business
Apr 01Sunty Development (TWSE:3266) Takes On Some Risk With Its Use Of Debt
Mar 05Is Sunty Development Co., LTD (TPE:3266) A Smart Pick For Income Investors?
Apr 29Does The Market Have A Low Tolerance For Sunty Development Co., LTD's (TPE:3266) Mixed Fundamentals?
Mar 19Is Sunty Development (TPE:3266) A Risky Investment?
Mar 01Calculating The Intrinsic Value Of Sunty Development Co., LTD (TPE:3266)
Feb 11Should You Buy Sunty Development Co., LTD (TPE:3266) For Its Dividend?
Jan 24Sunty Development (TPE:3266) Shareholders Have Enjoyed A 32% Share Price Gain
Jan 05Can Mixed Fundamentals Have A Negative Impact on Sunty Development Co., LTD (TPE:3266) Current Share Price Momentum?
Dec 18These 4 Measures Indicate That Sunty Development (TPE:3266) Is Using Debt Extensively
Nov 30Financial Position Analysis
Short Term Liabilities: 3266's short term assets (NT$11.8B) exceed its short term liabilities (NT$6.8B).
Long Term Liabilities: 3266's short term assets (NT$11.8B) exceed its long term liabilities (NT$346.6M).
Debt to Equity History and Analysis
Debt Level: 3266's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: 3266's debt to equity ratio has increased from 54.6% to 66.9% over the past 5 years.
Debt Coverage: 3266's debt is well covered by operating cash flow (43.1%).
Interest Coverage: 3266's interest payments on its debt are well covered by EBIT (63.2x coverage).