Taiwan Land Development Balance Sheet Health
Financial Health criteria checks 1/6
Taiwan Land Development has a total shareholder equity of NT$14.4B and total debt of NT$14.1B, which brings its debt-to-equity ratio to 97.9%. Its total assets and total liabilities are NT$34.3B and NT$19.8B respectively.
Key information
97.9%
Debt to equity ratio
NT$14.14b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$54.31m |
| Equity | NT$14.45b |
| Total liabilities | NT$19.84b |
| Total assets | NT$34.28b |
Financial Position Analysis
Short Term Liabilities: 2841's short term assets (NT$8.5B) do not cover its short term liabilities (NT$11.4B).
Long Term Liabilities: 2841's short term assets (NT$8.5B) exceed its long term liabilities (NT$8.4B).
Debt to Equity History and Analysis
Debt Level: 2841's net debt to equity ratio (97.5%) is considered high.
Reducing Debt: 2841's debt to equity ratio has increased from 59.4% to 97.9% over the past 5 years.
Debt Coverage: 2841's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2841's interest payments on its debt are well covered by EBIT.