King Slide Works Balance Sheet Health
Financial Health criteria checks 5/6
King Slide Works has a total shareholder equity of NT$16.4B and total debt of NT$867.1M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are NT$20.6B and NT$4.1B respectively. King Slide Works's EBIT is NT$2.9B making its interest coverage ratio -5.8. It has cash and short-term investments of NT$13.5B.
Key information
5.3%
Debt to equity ratio
NT$867.06m
Debt
| Interest coverage ratio | -5.8x |
| Cash | NT$13.49b |
| Equity | NT$16.44b |
| Total liabilities | NT$4.14b |
| Total assets | NT$20.58b |
Recent financial health updates
King Slide Works (TWSE:2059) Seems To Use Debt Quite Sensibly
Apr 04
King Slide Works (TPE:2059) Could Easily Take On More Debt
Mar 16Recent updates
Does This Valuation Of King Slide Works Co., Ltd. (TWSE:2059) Imply Investors Are Overpaying?
Apr 22King Slide Works (TWSE:2059) Seems To Use Debt Quite Sensibly
Apr 04Investors Appear Satisfied With King Slide Works Co., Ltd.'s (TWSE:2059) Prospects As Shares Rocket 29%
Feb 28Investors Could Be Concerned With King Slide Works' (TPE:2059) Returns On Capital
Apr 21King Slide Works (TPE:2059) Could Easily Take On More Debt
Mar 16Is King Slide Works Co., Ltd. (TPE:2059) A Good Dividend Stock?
Feb 26King Slide Works Co., Ltd. (TPE:2059) On An Uptrend: Could Fundamentals Be Driving The Stock?
Jan 30Will King Slide Works (TPE:2059) Multiply In Value Going Forward?
Jan 09What Type Of Returns Would King Slide Works'(TPE:2059) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 19
Factors Income Investors Should Consider Before Adding King Slide Works Co., Ltd. (TPE:2059) To Their Portfolio
Nov 28Financial Position Analysis
Short Term Liabilities: 2059's short term assets (NT$16.2B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 2059's short term assets (NT$16.2B) exceed its long term liabilities (NT$2.0B).
Debt to Equity History and Analysis
Debt Level: 2059 has more cash than its total debt.
Reducing Debt: 2059's debt to equity ratio has increased from 0% to 5.3% over the past 5 years.
Debt Coverage: 2059's debt is well covered by operating cash flow (378.1%).
Interest Coverage: 2059 earns more interest than it pays, so coverage of interest payments is not a concern.