Ruentex DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ruentex DevelopmentLtd has a total shareholder equity of NT$112.6B and total debt of NT$47.4B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are NT$194.1B and NT$81.4B respectively. Ruentex DevelopmentLtd's EBIT is NT$5.4B making its interest coverage ratio 8.5. It has cash and short-term investments of NT$4.8B.
Key information
42.1%
Debt to equity ratio
NT$47.38b
Debt
Interest coverage ratio | 8.5x |
Cash | NT$4.78b |
Equity | NT$112.62b |
Total liabilities | NT$81.44b |
Total assets | NT$194.07b |
Recent financial health updates
Does Ruentex DevelopmentLtd (TWSE:9945) Have A Healthy Balance Sheet?
Sep 05Does 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?
Sep 05Insufficient 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$42.3B) exceed its short term liabilities (NT$36.8B).
Long Term Liabilities: 9945's short term assets (NT$42.3B) do not cover its long term liabilities (NT$44.7B).
Debt to Equity History and Analysis
Debt Level: 9945's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: 9945's debt to equity ratio has reduced from 57.6% to 42.1% over the past 5 years.
Debt Coverage: 9945's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: 9945's interest payments on its debt are well covered by EBIT (8.5x coverage).