Ruentex DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ruentex DevelopmentLtd has a total shareholder equity of NT$111.9B and total debt of NT$47.5B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are NT$188.3B and NT$76.4B respectively. Ruentex DevelopmentLtd's EBIT is NT$5.3B making its interest coverage ratio 9.1. It has cash and short-term investments of NT$3.8B.
Key information
42.5%
Debt to equity ratio
NT$47.49b
Debt
| Interest coverage ratio | 9.1x |
| Cash | NT$3.83b |
| Equity | NT$111.87b |
| Total liabilities | NT$76.41b |
| Total assets | NT$188.28b |
Recent financial health updates
Does Ruentex DevelopmentLtd (TWSE:9945) Have A Healthy Balance Sheet?
Apr 16
Here'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 24
Recent updates
Insufficient Growth At Ruentex Development Co.,Ltd. (TWSE:9945) Hampers Share Price
May 07Does 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$41.3B) exceed its short term liabilities (NT$33.3B).
Long Term Liabilities: 9945's short term assets (NT$41.3B) do not cover its long term liabilities (NT$43.1B).
Debt to Equity History and Analysis
Debt Level: 9945's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: 9945's debt to equity ratio has reduced from 69.1% to 42.5% over the past 5 years.
Debt Coverage: 9945's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 9945's interest payments on its debt are well covered by EBIT (9.1x coverage).