TECO Electric & Machinery Balance Sheet Health
Financial Health criteria checks 6/6
TECO Electric & Machinery has a total shareholder equity of NT$86.4B and total debt of NT$9.9B, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are NT$127.3B and NT$40.9B respectively. TECO Electric & Machinery's EBIT is NT$6.7B making its interest coverage ratio -4.5. It has cash and short-term investments of NT$24.0B.
Key information
11.5%
Debt to equity ratio
NT$9.91b
Debt
| Interest coverage ratio | -4.5x |
| Cash | NT$24.00b |
| Equity | NT$86.44b |
| Total liabilities | NT$40.87b |
| Total assets | NT$127.31b |
Recent financial health updates
Is TECO Electric & Machinery (TWSE:1504) A Risky Investment?
Apr 29
Is TECO Electric & Machinery (TPE:1504) Using Too Much Debt?
Jan 28
Recent updates
TECO Electric & Machinery Co., Ltd.'s (TWSE:1504) Price Is Right But Growth Is Lacking
May 13Is TECO Electric & Machinery (TWSE:1504) A Risky Investment?
Apr 29Here's Why We Think TECO Electric & Machinery (TWSE:1504) Might Deserve Your Attention Today
Apr 15TECO Electric & Machinery's (TWSE:1504) Returns On Capital Are Heading Higher
Apr 01Calculating The Fair Value Of TECO Electric & Machinery Co., Ltd. (TWSE:1504)
Mar 01We Think You Should Be Aware Of Some Concerning Factors In TECO Electric & Machinery's (TPE:1504) Earnings
Mar 31If You Like EPS Growth Then Check Out TECO Electric & Machinery (TPE:1504) Before It's Too Late
Mar 25Does TECO Electric & Machinery Co., Ltd.'s (TPE:1504) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?
Mar 12Should You Be Impressed By TECO Electric & Machinery's (TPE:1504) Returns on Capital?
Feb 25Is TECO Electric & Machinery Co., Ltd. (TPE:1504) A Smart Pick For Income Investors?
Feb 10Is TECO Electric & Machinery (TPE:1504) Using Too Much Debt?
Jan 28Shareholders Of TECO Electric & Machinery (TPE:1504) Must Be Happy With Their 47% Return
Jan 13What Is The Ownership Structure Like For TECO Electric & Machinery Co., Ltd. (TPE:1504)?
Dec 29Does TECO Electric & Machinery Co., Ltd.'s (TPE:1504) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
Nov 27Financial Position Analysis
Short Term Liabilities: 1504's short term assets (NT$52.5B) exceed its short term liabilities (NT$22.6B).
Long Term Liabilities: 1504's short term assets (NT$52.5B) exceed its long term liabilities (NT$18.2B).
Debt to Equity History and Analysis
Debt Level: 1504 has more cash than its total debt.
Reducing Debt: 1504's debt to equity ratio has reduced from 23.3% to 11.5% over the past 5 years.
Debt Coverage: 1504's debt is well covered by operating cash flow (62.9%).
Interest Coverage: 1504 earns more interest than it pays, so coverage of interest payments is not a concern.