San Far Property Balance Sheet Health
Financial Health criteria checks 3/6
San Far Property has a total shareholder equity of NT$6.5B and total debt of NT$8.1B, which brings its debt-to-equity ratio to 125.7%. Its total assets and total liabilities are NT$15.7B and NT$9.3B respectively. San Far Property's EBIT is NT$115.5M making its interest coverage ratio 5.8. It has cash and short-term investments of NT$2.2B.
Key information
125.7%
Debt to equity ratio
NT$8.14b
Debt
Interest coverage ratio | 5.8x |
Cash | NT$2.22b |
Equity | NT$6.48b |
Total liabilities | NT$9.26b |
Total assets | NT$15.74b |
Financial Position Analysis
Short Term Liabilities: 9946's short term assets (NT$14.6B) exceed its short term liabilities (NT$6.7B).
Long Term Liabilities: 9946's short term assets (NT$14.6B) exceed its long term liabilities (NT$2.6B).
Debt to Equity History and Analysis
Debt Level: 9946's net debt to equity ratio (91.3%) is considered high.
Reducing Debt: 9946's debt to equity ratio has increased from 100% to 125.7% over the past 5 years.
Debt Coverage: 9946's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9946's interest payments on its debt are well covered by EBIT (5.8x coverage).