Triocean Industrial Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Triocean Industrial has a total shareholder equity of NT$2.0B and total debt of NT$141.0M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are NT$3.4B and NT$1.4B respectively. Triocean Industrial's EBIT is NT$177.0M making its interest coverage ratio 47.5. It has cash and short-term investments of NT$1.8B.
Key information
7.2%
Debt to equity ratio
NT$141.02m
Debt
| Interest coverage ratio | 47.5x |
| Cash | NT$1.82b |
| Equity | NT$1.95b |
| Total liabilities | NT$1.45b |
| Total assets | NT$3.40b |
Recent financial health updates
Is Tri Ocean Textile (TPE:1472) Weighed On By Its Debt Load?
Mar 04
Is Tri Ocean Textile (TPE:1472) A Risky Investment?
Nov 19Recent updates
Triocean Industrial Corporation's (TWSE:1472) Earnings Are Of Questionable Quality
Nov 21Why Triocean Industrial Corporation's (TWSE:1472) Earnings Are Weaker Than They Seem
Mar 20Why Investors Shouldn't Be Surprised By Triocean Industrial Corporation Co., Ltd.'s (TWSE:1472) 28% Share Price Surge
Mar 05Triocean Industrial Corporation (TWSE:1472) Is Doing The Right Things To Multiply Its Share Price
Mar 04Is Tri Ocean Textile (TPE:1472) Weighed On By Its Debt Load?
Mar 04Is Tri Ocean Textile (TPE:1472) A Risky Investment?
Nov 19Financial Position Analysis
Short Term Liabilities: 1472's short term assets (NT$2.7B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 1472's short term assets (NT$2.7B) exceed its long term liabilities (NT$273.2M).
Debt to Equity History and Analysis
Debt Level: 1472 has more cash than its total debt.
Reducing Debt: 1472's debt to equity ratio has reduced from 153% to 7.2% over the past 5 years.
Debt Coverage: 1472's debt is well covered by operating cash flow (386.8%).
Interest Coverage: 1472's interest payments on its debt are well covered by EBIT (47.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 04:30 |
| End of Day Share Price | 2025/01/02 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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Industry and Sector Metrics
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Analyst Sources
Triocean Industrial Corporation Co., Ltd. is covered by 0 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 |
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