Ta Ya Electric Wire & Cable Balance Sheet Health
Financial Health criteria checks 3/6
Ta Ya Electric Wire & Cable has a total shareholder equity of NT$18.1B and total debt of NT$32.9B, which brings its debt-to-equity ratio to 181.3%. Its total assets and total liabilities are NT$56.3B and NT$38.2B respectively. Ta Ya Electric Wire & Cable's EBIT is NT$2.0B making its interest coverage ratio 4.9. It has cash and short-term investments of NT$9.7B.
Key information
181.3%
Debt to equity ratio
NT$32.88b
Debt
| Interest coverage ratio | 4.9x |
| Cash | NT$9.69b |
| Equity | NT$18.14b |
| Total liabilities | NT$38.19b |
| Total assets | NT$56.33b |
Recent financial health updates
These 4 Measures Indicate That Ta Ya Electric Wire & Cable (TWSE:1609) Is Using Debt Extensively
Jul 15
Ta Ya Electric Wire & Cable (TPE:1609) Takes On Some Risk With Its Use Of Debt
Mar 27Is Ta Ya Electric Wire & Cable (TPE:1609) Using Too Much Debt?
Dec 20
Recent updates
Ta Ya Electric Wire & Cable's (TWSE:1609) Anemic Earnings Might Be Worse Than You Think
Nov 19Ta Ya Electric Wire & Cable (TWSE:1609) Is Doing The Right Things To Multiply Its Share Price
Oct 04Ta Ya Electric Wire & Cable Co., Ltd.'s (TWSE:1609) Price Is Out Of Tune With Earnings
Aug 07These 4 Measures Indicate That Ta Ya Electric Wire & Cable (TWSE:1609) Is Using Debt Extensively
Jul 15Returns Are Gaining Momentum At Ta Ya Electric Wire & Cable (TWSE:1609)
Jun 15Market Might Still Lack Some Conviction On Ta Ya Electric Wire & Cable Co., Ltd. (TWSE:1609) Even After 26% Share Price Boost
Apr 09Ta Ya Electric Wire & Cable's (TWSE:1609) Earnings Might Be Weaker Than You Think
Mar 25Key Things To Watch Out For If You Are After Ta Ya Electric Wire & Cable's (TPE:1609) 1.0% Dividend
Apr 30Ta Ya Electric Wire & Cable (TPE:1609) Takes On Some Risk With Its Use Of Debt
Mar 27What Can The Trends At Ta Ya Electric Wire & Cable (TPE:1609) Tell Us About Their Returns?
Mar 12Did You Participate In Any Of Ta Ya Electric Wire & Cable's (TPE:1609) Incredible 393% Return?
Feb 25I Ran A Stock Scan For Earnings Growth And Ta Ya Electric Wire & Cable (TPE:1609) Passed With Ease
Feb 10Key Things To Watch Out For If You Are After Ta Ya Electric Wire & Cable's (TPE:1609) 1.7% Dividend
Jan 28A Closer Look At Ta Ya Electric Wire & Cable's (TPE:1609) Impressive ROE
Jan 15Ta Ya Electric Wire & Cable's (TPE:1609) Earnings Are Growing But Is There More To The Story?
Jan 02Is Ta Ya Electric Wire & Cable (TPE:1609) Using Too Much Debt?
Dec 20What We Make Of Ta Ya Electric Wire & Cable's (TPE:1609) Returns On Capital
Dec 07Ta Ya Electric Wire & Cable (TPE:1609) Has Rewarded Shareholders With An Exceptional 380% Total Return On Their Investment
Nov 24Financial Position Analysis
Short Term Liabilities: 1609's short term assets (NT$24.5B) exceed its short term liabilities (NT$19.4B).
Long Term Liabilities: 1609's short term assets (NT$24.5B) exceed its long term liabilities (NT$18.7B).
Debt to Equity History and Analysis
Debt Level: 1609's net debt to equity ratio (127.8%) is considered high.
Reducing Debt: 1609's debt to equity ratio has increased from 127.9% to 181.3% over the past 5 years.
Debt Coverage: 1609's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1609's interest payments on its debt are well covered by EBIT (4.9x coverage).