Huang Long DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 3/6
Huang Long DevelopmentLtd has a total shareholder equity of NT$2.0B and total debt of NT$1.9B, which brings its debt-to-equity ratio to 94.5%. Its total assets and total liabilities are NT$4.8B and NT$2.8B respectively. Huang Long DevelopmentLtd's EBIT is NT$374.9M making its interest coverage ratio -121.6. It has cash and short-term investments of NT$848.7M.
Key information
94.5%
Debt to equity ratio
NT$1.86b
Debt
| Interest coverage ratio | -121.6x |
| Cash | NT$848.73m |
| Equity | NT$1.97b |
| Total liabilities | NT$2.83b |
| Total assets | NT$4.80b |
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$4.7B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 3512's short term assets (NT$4.7B) exceed its long term liabilities (NT$607.8M).
Debt to Equity History and Analysis
Debt Level: 3512's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: 3512's debt to equity ratio has increased from 60.5% to 94.5% over the past 5 years.
Debt Coverage: 3512's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 3512 earns more interest than it pays, so coverage of interest payments is not a concern.