Tsang Yow IndustrialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tsang Yow IndustrialLtd has a total shareholder equity of NT$1.9B and total debt of NT$148.8M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are NT$2.3B and NT$452.5M respectively. Tsang Yow IndustrialLtd's EBIT is NT$148.7M making its interest coverage ratio -10.1. It has cash and short-term investments of NT$625.2M.
Key information
8.0%
Debt to equity ratio
NT$148.81m
Debt
| Interest coverage ratio | -10.1x |
| Cash | NT$625.18m |
| Equity | NT$1.87b |
| Total liabilities | NT$452.48m |
| Total assets | NT$2.32b |
Recent financial health updates
Does Tsang Yow IndustrialLtd (TPE:1568) Have A Healthy Balance Sheet?
Mar 09
Tsang Yow IndustrialLtd (TPE:1568) Is Making Moderate Use Of Debt
Nov 24Recent updates
Tsang Yow IndustrialLtd (TWSE:1568) Will Pay A Larger Dividend Than Last Year At NT$1.34
May 09Investors Continue Waiting On Sidelines For Tsang Yow Industrial Co.,Ltd. (TWSE:1568)
Mar 08Does Tsang Yow IndustrialLtd (TPE:1568) Have A Healthy Balance Sheet?
Mar 09The Tsang Yow IndustrialLtd (TPE:1568) Share Price Is Up 48% And Shareholders Are Holding On
Feb 02
Tsang Yow Industrial Co.,Ltd. (TPE:1568) Investors Should Think About This Before Buying It For Its Dividend
Dec 29Tsang Yow IndustrialLtd (TPE:1568) Is Making Moderate Use Of Debt
Nov 24Financial Position Analysis
Short Term Liabilities: 1568's short term assets (NT$1.1B) exceed its short term liabilities (NT$362.9M).
Long Term Liabilities: 1568's short term assets (NT$1.1B) exceed its long term liabilities (NT$89.5M).
Debt to Equity History and Analysis
Debt Level: 1568 has more cash than its total debt.
Reducing Debt: 1568's debt to equity ratio has reduced from 83.3% to 8% over the past 5 years.
Debt Coverage: 1568's debt is well covered by operating cash flow (163.3%).
Interest Coverage: 1568 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:52 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tsang Yow Industrial Co.,Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Baijun Huang | Capital Securities Corporation |
| Sheng-Kuo Shih | Jih Sun Securities Investment Consulting Co., Ltd. |
| Liangyu Ko | Masterlink Securities Corp. |