Sunty Development Balance Sheet Health
Financial Health criteria checks 3/6
Sunty Development has a total shareholder equity of NT$5.9B and total debt of NT$3.9B, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are NT$12.8B and NT$6.9B respectively. Sunty Development's EBIT is NT$492.0M making its interest coverage ratio -28.6. It has cash and short-term investments of NT$970.4M.
Key information
65.4%
Debt to equity ratio
NT$3.88b
Debt
| Interest coverage ratio | -28.6x |
| Cash | NT$970.36m |
| Equity | NT$5.92b |
| Total liabilities | NT$6.91b |
| Total assets | NT$12.83b |
Recent financial health updates
These 4 Measures Indicate That Sunty Development (TWSE:3266) Is Using Debt Extensively
Sep 24
Sunty Development (TWSE:3266) Takes On Some Risk With Its Use Of Debt
Mar 05Is 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
These 4 Measures Indicate That Sunty Development (TWSE:3266) Is Using Debt Extensively
Sep 24Investors 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$11.6B) exceed its short term liabilities (NT$6.6B).
Long Term Liabilities: 3266's short term assets (NT$11.6B) exceed its long term liabilities (NT$322.2M).
Debt to Equity History and Analysis
Debt Level: 3266's net debt to equity ratio (49%) is considered high.
Reducing Debt: 3266's debt to equity ratio has increased from 51.6% to 65.4% over the past 5 years.
Debt Coverage: 3266's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 3266 earns more interest than it pays, so coverage of interest payments is not a concern.