Tachia Yung Ho Machine Industry Balance Sheet Health
Financial Health criteria checks 6/6
Tachia Yung Ho Machine Industry has a total shareholder equity of NT$1.0B and total debt of NT$261.7M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are NT$1.7B and NT$612.4M respectively. Tachia Yung Ho Machine Industry's EBIT is NT$135.2M making its interest coverage ratio 25.4. It has cash and short-term investments of NT$198.6M.
Key information
25.0%
Debt to equity ratio
NT$261.74m
Debt
| Interest coverage ratio | 25.4x |
| Cash | NT$198.59m |
| Equity | NT$1.05b |
| Total liabilities | NT$612.37m |
| Total assets | NT$1.66b |
Recent financial health updates
Is Tachia Yung Ho Machine Industry (GTSM:2221) Using Too Much Debt?
Apr 11
Does Tachia Yung Ho Machine Industry (GTSM:2221) Have A Healthy Balance Sheet?
Jan 02Recent updates
Is Tachia Yung Ho Machine Industry (GTSM:2221) Using Too Much Debt?
Apr 11Tachia Yung Ho Machine Industry Co., Ltd. (GTSM:2221) Investors Should Think About This Before Buying It For Its Dividend
Mar 21Does Tachia Yung Ho Machine Industry (GTSM:2221) Have The Makings Of A Multi-Bagger?
Feb 28Tachia Yung Ho Machine Industry Co., Ltd.'s (GTSM:2221) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Feb 07
A Look At The Intrinsic Value Of Tachia Yung Ho Machine Industry Co., Ltd. (GTSM:2221)
Jan 20Does Tachia Yung Ho Machine Industry (GTSM:2221) Have A Healthy Balance Sheet?
Jan 02Tread With Caution Around Tachia Yung Ho Machine Industry Co., Ltd.'s (GTSM:2221) 6.1% Dividend Yield
Dec 12Will The ROCE Trend At Tachia Yung Ho Machine Industry (GTSM:2221) Continue?
Nov 21Financial Position Analysis
Short Term Liabilities: 2221's short term assets (NT$1.2B) exceed its short term liabilities (NT$427.2M).
Long Term Liabilities: 2221's short term assets (NT$1.2B) exceed its long term liabilities (NT$185.2M).
Debt to Equity History and Analysis
Debt Level: 2221's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 2221's debt to equity ratio has reduced from 39.5% to 25% over the past 5 years.
Debt Coverage: 2221's debt is well covered by operating cash flow (48.2%).
Interest Coverage: 2221's interest payments on its debt are well covered by EBIT (25.4x coverage).