Ta Tun Electric Wire & Cable Balance Sheet Health
Financial Health criteria checks 3/6
Ta Tun Electric Wire & Cable has a total shareholder equity of NT$1.5B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 169.5%. Its total assets and total liabilities are NT$5.4B and NT$3.9B respectively. Ta Tun Electric Wire & Cable's EBIT is NT$489.8M making its interest coverage ratio 13.7. It has cash and short-term investments of NT$391.1M.
Key information
169.5%
Debt to equity ratio
NT$2.53b
Debt
| Interest coverage ratio | 13.7x |
| Cash | NT$391.12m |
| Equity | NT$1.49b |
| Total liabilities | NT$3.88b |
| Total assets | NT$5.37b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 1623's short term assets (NT$4.0B) exceed its short term liabilities (NT$3.2B).
Long Term Liabilities: 1623's short term assets (NT$4.0B) exceed its long term liabilities (NT$642.7M).
Debt to Equity History and Analysis
Debt Level: 1623's net debt to equity ratio (143.3%) is considered high.
Reducing Debt: Insufficient data to determine if 1623's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1623's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1623's interest payments on its debt are well covered by EBIT (13.7x coverage).