Ruentex DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ruentex DevelopmentLtd has a total shareholder equity of NT$101.8B and total debt of NT$47.3B, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are NT$176.9B and NT$75.1B respectively. Ruentex DevelopmentLtd's EBIT is NT$5.0B making its interest coverage ratio 9.6. It has cash and short-term investments of NT$3.9B.
Key information
46.5%
Debt to equity ratio
NT$47.31b
Debt
Interest coverage ratio | 9.6x |
Cash | NT$3.93b |
Equity | NT$101.82b |
Total liabilities | NT$75.09b |
Total assets | NT$176.91b |
Recent financial health updates
Does Ruentex DevelopmentLtd (TWSE:9945) Have A Healthy Balance Sheet?
Apr 16Here's Why Ruentex DevelopmentLtd (TPE:9945) Has A Meaningful Debt Burden
Apr 07We Think Ruentex DevelopmentLtd (TPE:9945) Is Taking Some Risk With Its Debt
Dec 24Recent updates
Does Ruentex DevelopmentLtd (TWSE:9945) Have A Healthy Balance Sheet?
Apr 16Ruentex DevelopmentLtd's (TWSE:9945) Soft Earnings Are Actually Better Than They Appear
Mar 23Here's Why Ruentex DevelopmentLtd (TPE:9945) Has A Meaningful Debt Burden
Apr 07We Think Ruentex DevelopmentLtd (TPE:9945) Is Taking Some Risk With Its Debt
Dec 24If You Had Bought Ruentex DevelopmentLtd (TPE:9945) Stock A Year Ago, You Could Pocket A 31% Gain Today
Nov 19Financial Position Analysis
Short Term Liabilities: 9945's short term assets (NT$45.7B) exceed its short term liabilities (NT$31.5B).
Long Term Liabilities: 9945's short term assets (NT$45.7B) exceed its long term liabilities (NT$43.6B).
Debt to Equity History and Analysis
Debt Level: 9945's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: 9945's debt to equity ratio has reduced from 120.5% to 46.5% over the past 5 years.
Debt Coverage: 9945's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: 9945's interest payments on its debt are well covered by EBIT (9.6x coverage).