TCC Group Holdings Balance Sheet Health

Financial Health criteria checks 3/6

TCC Group Holdings has a total shareholder equity of NT$297.2B and total debt of NT$196.8B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are NT$583.5B and NT$286.3B respectively. TCC Group Holdings's EBIT is NT$12.0B making its interest coverage ratio -8.1. It has cash and short-term investments of NT$107.8B.

Key information

66.2%

Debt to equity ratio

NT$196.83b

Debt

Interest coverage ratio	-8.1x
Cash	NT$107.78b
Equity	NT$297.19b
Total liabilities	NT$286.31b
Total assets	NT$583.50b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TAICA's short term assets (NT$171.9B) exceed its short term liabilities (NT$92.8B).

Long Term Liabilities: TAICA's short term assets (NT$171.9B) do not cover its long term liabilities (NT$193.5B).

Debt to Equity History and Analysis

Debt Level: TAICA's net debt to equity ratio (30%) is considered satisfactory.

Reducing Debt: TAICA's debt to equity ratio has increased from 59.9% to 66.2% over the past 5 years.

Debt Coverage: TAICA's debt is not well covered by operating cash flow (15%).

Interest Coverage: TAICA earns more interest than it pays, so coverage of interest payments is not a concern.

TCC Group Holdings Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

TCC Group Holdings Co., Ltd. Announces Resignation of Nigel N. T. Li as Member of Audit Committee, Compensation Committee, Risk Management Committee and Nomination Committee

TCC Group Holdings Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024

Taiwan Cement Corp. Appoints Members to the Corporate Sustainability Committee

Taiwan Cement Corp. Announces Audit Committee Changes

Taiwan Cement Corp. to Report Q1, 2024 Results on May 14, 2024

Taiwan Cement Corp. Announces Common Shares Dividend Distribution for Fiscal Year Ended December 31, 2023

Taiwan Cement Corp., Annual General Meeting, May 21, 2024

Taiwan Cement Corp. Announces Corporate Sustainable Development Committee Appointments

Taiwan Cement Corp. Approves Cash Dividend for 2022

Taiwan Cement Corp. Announces Appointment of Roman Cheng as Member of Corporate Sustainable Development Committee

Taiwan Cement Corp. Appoints Randy Yu as Chief Financial Officer, with Effect from September 13, 2022

Taiwan Cement Corp. Announces Resignation of Li,Jong Peir for Corporate Sustainable Development Committee

Taiwan Cement Corp. Appoints An-Ping Chang as President

Taiwan Cement Corp. Announces Resignation of Li Jong-Peir as President, Effective on August 10, 2022

Taiwan Cement Corp. Announces Set Up Nomination Committee and Elects Committee Members

Taiwan Cement Corp. Appoints Chief Information Security Officer

Taiwan Cement Corp., Annual General Meeting, May 26, 2022

Chang Chun Plastics Co., Ltd. completed the acquisition of Taiwan Prosperity Chemical Corporation from Taiwan Cement Corp. (TWSE:1101).

Taiwan Cement Corp. Announces Cash Dividend Distribution for 2020

Taiwan Cement Corp., Annual General Meeting, Jun 11, 2021

Taiwan Cement Corp. (TSEC:1101) agreed to acquire remaining 26.4% stake in Taiwan Prosperity Chemical Corporation (TSEC:4725) for approximately TWD 630 million.

Taiwan Cement Corp. (TSEC:1101) completed the acquisition of additional 31.1% stake in Taiwan Prosperity Chemical Corporation (TSEC:4725) for approximately TWD 740 million.

Taiwan Cement Corp. (TSEC:1101) made a tender offer to acquire additional 57.49% stake in Taiwan Prosperity Chemical Corporation (TSEC:4725) for TWD 1.4 billion.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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