Taiwan Glass Ind Balance Sheet Health

Financial Health criteria checks 5/6

Taiwan Glass Ind has a total shareholder equity of NT$52.4B and total debt of NT$23.5B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are NT$93.1B and NT$40.6B respectively. Taiwan Glass Ind's EBIT is NT$749.0M making its interest coverage ratio 1.3. It has cash and short-term investments of NT$11.0B.

Key information

44.8%

Debt to equity ratio

NT$23.48b

Debt

Interest coverage ratio	1.3x
Cash	NT$10.98b
Equity	NT$52.44b
Total liabilities	NT$40.62b
Total assets	NT$93.06b

Recent financial health updates

Would Taiwan Glass Ind (TWSE:1802) Be Better Off With Less Debt?

Feb 27

Is Taiwan Glass Ind (TPE:1802) A Risky Investment?

Jan 30

Recent updates

Taiwan Glass Ind. Corp. (TWSE:1802) Investors Are Less Pessimistic Than Expected

Jun 13

Additional Considerations Required While Assessing Taiwan Glass Ind's (TWSE:1802) Strong Earnings

Mar 20

Would Taiwan Glass Ind (TWSE:1802) Be Better Off With Less Debt?

Feb 27

Do Institutions Own Taiwan Glass Ind. Corp. (TPE:1802) Shares?

Mar 18

Are Taiwan Glass Ind's (TPE:1802) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 20

Is Taiwan Glass Ind (TPE:1802) A Risky Investment?

Jan 30

The Taiwan Glass Ind (TPE:1802) Share Price Is Up 61% And Shareholders Are Holding On

Jan 09

Is There More Growth In Store For Taiwan Glass Ind's (TPE:1802) Returns On Capital?

Dec 14

A Quick Analysis On Taiwan Glass Ind's (TPE:1802) CEO Salary

Nov 23

Financial Position Analysis

Short Term Liabilities: 1802's short term assets (NT$38.5B) exceed its short term liabilities (NT$28.3B).

Long Term Liabilities: 1802's short term assets (NT$38.5B) exceed its long term liabilities (NT$12.4B).

Debt to Equity History and Analysis

Debt Level: 1802's net debt to equity ratio (23.8%) is considered satisfactory.

Reducing Debt: 1802's debt to equity ratio has reduced from 58.2% to 44.8% over the past 5 years.

Debt Coverage: 1802's debt is well covered by operating cash flow (20.6%).

Interest Coverage: 1802's interest payments on its debt are not well covered by EBIT (1.3x coverage).

Taiwan Glass Ind Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Would Taiwan Glass Ind (TWSE:1802) Be Better Off With Less Debt?

Is Taiwan Glass Ind (TPE:1802) A Risky Investment?

Recent updates

Taiwan Glass Ind. Corp. (TWSE:1802) Investors Are Less Pessimistic Than Expected

First quarter 2024 earnings released: NT$0.09 loss per share (vs NT$0.29 loss in 1Q 2023)

Taiwan Glass Ind. Corp. to Report Q1, 2024 Results on May 13, 2024

Additional Considerations Required While Assessing Taiwan Glass Ind's (TWSE:1802) Strong Earnings

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: NT$0.01 (vs NT$0.20 loss in FY 2022)

Taiwan Glass Ind. Corp., Annual General Meeting, Jun 07, 2024

Would Taiwan Glass Ind (TWSE:1802) Be Better Off With Less Debt?

Now 20% undervalued

Second quarter 2023 earnings released: NT$0.005 loss per share (vs NT$0.22 profit in 2Q 2022)

Full year 2022 earnings released: NT$0.21 loss per share (vs NT$3.88 profit in FY 2021)

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: NT$0.48 loss per share (vs NT$1.22 profit in 3Q 2021)

Taiwan Glass Ind. Corp. Announces Chief Internal Auditor Changes, Effective from October 17, 2022

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$1.82 per share

Taiwan Glass Ind. Corp. Approves Dividend Distribution

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Price target decreased to NT$33.00

Full year 2021 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 12%

Third quarter 2021 earnings released: EPS NT$1.22 (vs NT$0.48 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$0.50 per share

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS NT$0.60 (vs NT$0.29 loss in 1Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS NT$0.90 (vs NT$0.50 loss in FY 2019)

Do Institutions Own Taiwan Glass Ind. Corp. (TPE:1802) Shares?

Taiwan Glass Ind. Corp., Annual General Meeting, Jun 11, 2021

Are Taiwan Glass Ind's (TPE:1802) Statutory Earnings A Good Guide To Its Underlying Profitability?

Is Taiwan Glass Ind (TPE:1802) A Risky Investment?

The Taiwan Glass Ind (TPE:1802) Share Price Is Up 61% And Shareholders Are Holding On

New 90-day high: NT$19.50

Is There More Growth In Store For Taiwan Glass Ind's (TPE:1802) Returns On Capital?

New 90-day high: NT$18.40

A Quick Analysis On Taiwan Glass Ind's (TPE:1802) CEO Salary

Third quarter 2020 earnings released: EPS NT$0.48

New 90-day high: NT$13.80

New 90-day high - NT$12.35

First half earnings released

New 90-day high - NT$11.15

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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