Founding Construction Development Balance Sheet Health
Financial Health criteria checks 6/6
Founding Construction Development has a total shareholder equity of NT$9.6B and total debt of NT$1.8B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are NT$11.9B and NT$2.3B respectively. Founding Construction Development's EBIT is NT$1.0B making its interest coverage ratio -53.5. It has cash and short-term investments of NT$3.3B.
Key information
18.8%
Debt to equity ratio
NT$1.81b
Debt
| Interest coverage ratio | -53.5x |
| Cash | NT$3.34b |
| Equity | NT$9.61b |
| Total liabilities | NT$2.26b |
| Total assets | NT$11.87b |
Recent financial health updates
Here's Why Founding Construction & Development (TPE:5533) Has A Meaningful Debt Burden
Apr 20
These 4 Measures Indicate That Founding Construction & Development (TPE:5533) Is Using Debt Extensively
Jan 11Recent updates
Investors Continue Waiting On Sidelines For Founding Construction Development Corp. (TWSE:5533)
Apr 26Investors Can Find Comfort In Founding Construction Development's (TWSE:5533) Earnings Quality
Mar 21Here's Why Founding Construction & Development (TPE:5533) Has A Meaningful Debt Burden
Apr 20If You Had Bought Founding Construction & Development (TPE:5533) Stock A Year Ago, You Could Pocket A 20% Gain Today
Mar 19Should You Buy Founding Construction & Development Co., Ltd. (TPE:5533) For Its Dividend?
Feb 15
These 4 Measures Indicate That Founding Construction & Development (TPE:5533) Is Using Debt Extensively
Jan 11Financial Position Analysis
Short Term Liabilities: 5533's short term assets (NT$7.2B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 5533's short term assets (NT$7.2B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 5533 has more cash than its total debt.
Reducing Debt: 5533's debt to equity ratio has reduced from 86.1% to 18.8% over the past 5 years.
Debt Coverage: 5533's debt is well covered by operating cash flow (110.8%).
Interest Coverage: 5533 earns more interest than it pays, so coverage of interest payments is not a concern.