Chong Hong Construction Balance Sheet Health
Financial Health criteria checks 3/6
Chong Hong Construction has a total shareholder equity of NT$20.1B and total debt of NT$18.2B, which brings its debt-to-equity ratio to 90.2%. Its total assets and total liabilities are NT$45.6B and NT$25.5B respectively. Chong Hong Construction's EBIT is NT$2.3B making its interest coverage ratio 182.1. It has cash and short-term investments of NT$1.7B.
Key information
90.2%
Debt to equity ratio
NT$18.16b
Debt
| Interest coverage ratio | 182.1x |
| Cash | NT$1.74b |
| Equity | NT$20.13b |
| Total liabilities | NT$25.50b |
| Total assets | NT$45.63b |
Recent financial health updates
Recent updates
Chong Hong Construction Co., Ltd. (TWSE:5534) Could Be Riskier Than It Looks
Apr 11
Looking For Steady Income For Your Dividend Portfolio? Is Chong Hong Construction Co., Ltd. (TPE:5534) A Good Fit?
Mar 18Is Chong Hong Construction (TPE:5534) Using Too Much Debt?
Feb 15
Chong Hong Construction Co., Ltd.'s (TPE:5534) Recent Stock Price Movement Is Nothing To Get Excited About But Its Strong Financial Prospects Can't Be Ignored
Jan 25Did You Participate In Any Of Chong Hong Construction's (TPE:5534) Fantastic 178% Return ?
Jan 05Is Chong Hong Construction Co., Ltd.'s (TPE:5534) 7.8% Dividend Sustainable?
Dec 17Does Chong Hong Construction's (TPE:5534) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 29Financial Position Analysis
Short Term Liabilities: 5534's short term assets (NT$45.1B) exceed its short term liabilities (NT$25.4B).
Long Term Liabilities: 5534's short term assets (NT$45.1B) exceed its long term liabilities (NT$88.5M).
Debt to Equity History and Analysis
Debt Level: 5534's net debt to equity ratio (81.5%) is considered high.
Reducing Debt: 5534's debt to equity ratio has increased from 35.5% to 90.2% over the past 5 years.
Debt Coverage: 5534's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 5534's interest payments on its debt are well covered by EBIT (182.1x coverage).