HD Renewable Energy Balance Sheet Health
Financial Health criteria checks 5/6
HD Renewable Energy has a total shareholder equity of NT$8.6B and total debt of NT$4.0B, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are NT$16.3B and NT$7.8B respectively. HD Renewable Energy's EBIT is NT$1.4B making its interest coverage ratio 15. It has cash and short-term investments of NT$5.1B.
Key information
47.1%
Debt to equity ratio
NT$4.03b
Debt
| Interest coverage ratio | 15x |
| Cash | NT$5.07b |
| Equity | NT$8.56b |
| Total liabilities | NT$7.76b |
| Total assets | NT$16.32b |
Recent financial health updates
No updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In HD Renewable Energy's (TWSE:6873) Earnings
Nov 19
HD Renewable Energy Co., Ltd. (TWSE:6873) Shares Could Be 30% Above Their Intrinsic Value Estimate
Sep 23HD Renewable Energy Co., Ltd. (TWSE:6873) Looks Just Right With A 52% Price Jump
Jul 17The Market Lifts HD Renewable Energy Co., Ltd. (TWSE:6873) Shares 27% But It Can Do More
Apr 17HD Renewable Energy's (TWSE:6873) Shareholders Should Assess Earnings With Caution
Mar 21Financial Position Analysis
Short Term Liabilities: 6873's short term assets (NT$11.3B) exceed its short term liabilities (NT$5.4B).
Long Term Liabilities: 6873's short term assets (NT$11.3B) exceed its long term liabilities (NT$2.3B).
Debt to Equity History and Analysis
Debt Level: 6873 has more cash than its total debt.
Reducing Debt: 6873's debt to equity ratio has increased from 19.8% to 47.1% over the past 5 years.
Debt Coverage: 6873's debt is well covered by operating cash flow (44%).
Interest Coverage: 6873's interest payments on its debt are well covered by EBIT (15x coverage).