Huang Long DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 4/6
Huang Long DevelopmentLtd has a total shareholder equity of NT$2.1B and total debt of NT$2.1B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are NT$4.9B and NT$2.9B respectively. Huang Long DevelopmentLtd's EBIT is NT$142.5M making its interest coverage ratio -18. It has cash and short-term investments of NT$515.9M.
Key information
102.1%
Debt to equity ratio
NT$2.11b
Debt
| Interest coverage ratio | -18x |
| Cash | NT$515.85m |
| Equity | NT$2.07b |
| Total liabilities | NT$2.86b |
| Total assets | NT$4.93b |
Recent financial health updates
Recent updates
Huang Long DevelopmentLtd (GTSM:3512) Might Have The Makings Of A Multi-Bagger
Mar 29
How Did Huang Long Development Co.,Ltd.'s (GTSM:3512) 8.7% ROE Fare Against The Industry?
Mar 08Huang Long DevelopmentLtd (GTSM:3512) Takes On Some Risk With Its Use Of Debt
Feb 15If You Had Bought Huang Long DevelopmentLtd's (GTSM:3512) Shares Three Years Ago You Would Be Down 24%
Jan 27Does Huang Long DevelopmentLtd's (GTSM:3512) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 08
Here’s What’s Happening With Returns At Huang Long DevelopmentLtd (GTSM:3512)
Dec 21Is Huang Long Development Co.,Ltd.'s (GTSM:3512) ROE Of 8.7% Impressive?
Dec 04Financial Position Analysis
Short Term Liabilities: 3512's short term assets (NT$4.9B) exceed its short term liabilities (NT$2.3B).
Long Term Liabilities: 3512's short term assets (NT$4.9B) exceed its long term liabilities (NT$607.7M).
Debt to Equity History and Analysis
Debt Level: 3512's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: 3512's debt to equity ratio has reduced from 128.3% to 102.1% over the past 5 years.
Debt Coverage: 3512's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3512 earns more interest than it pays, so coverage of interest payments is not a concern.