Taiwan Takisawa Technology Balance Sheet Health
Financial Health criteria checks 6/6
Taiwan Takisawa Technology has a total shareholder equity of NT$2.5B and total debt of NT$85.5M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are NT$3.9B and NT$1.4B respectively. Taiwan Takisawa Technology's EBIT is NT$227.2M making its interest coverage ratio 19. It has cash and short-term investments of NT$455.4M.
Key information
3.4%
Debt to equity ratio
NT$85.46m
Debt
| Interest coverage ratio | 19x |
| Cash | NT$455.43m |
| Equity | NT$2.51b |
| Total liabilities | NT$1.38b |
| Total assets | NT$3.90b |
Recent financial health updates
Recent updates
Taiwan Takisawa Technology Co., Ltd. (GTSM:6609) Investors Should Think About This Before Buying It For Its Dividend
Apr 08
Is Taiwan Takisawa Technology (GTSM:6609) Using Capital Effectively?
Mar 18Can Taiwan Takisawa Technology Co., Ltd.'s (GTSM:6609) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Feb 24Taiwan Takisawa Technology (GTSM:6609) Share Prices Have Dropped 27% In The Last Three Years
Jan 26
Is Taiwan Takisawa Technology (GTSM:6609) A Risky Investment?
Dec 30What These Trends Mean At Taiwan Takisawa Technology (GTSM:6609)
Dec 09Financial Position Analysis
Short Term Liabilities: 6609's short term assets (NT$2.7B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 6609's short term assets (NT$2.7B) exceed its long term liabilities (NT$113.5M).
Debt to Equity History and Analysis
Debt Level: 6609 has more cash than its total debt.
Reducing Debt: 6609's debt to equity ratio has reduced from 35.7% to 3.4% over the past 5 years.
Debt Coverage: 6609's debt is well covered by operating cash flow (312%).
Interest Coverage: 6609's interest payments on its debt are well covered by EBIT (19x coverage).