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 27Is Taiwan Glass Ind (TPE:1802) A Risky Investment?
Jan 30Recent updates
Taiwan Glass Ind. Corp. (TWSE:1802) Investors Are Less Pessimistic Than Expected
Jun 13Additional Considerations Required While Assessing Taiwan Glass Ind's (TWSE:1802) Strong Earnings
Mar 20Would Taiwan Glass Ind (TWSE:1802) Be Better Off With Less Debt?
Feb 27Do Institutions Own Taiwan Glass Ind. Corp. (TPE:1802) Shares?
Mar 18Are Taiwan Glass Ind's (TPE:1802) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 20Is Taiwan Glass Ind (TPE:1802) A Risky Investment?
Jan 30The Taiwan Glass Ind (TPE:1802) Share Price Is Up 61% And Shareholders Are Holding On
Jan 09Is There More Growth In Store For Taiwan Glass Ind's (TPE:1802) Returns On Capital?
Dec 14A Quick Analysis On Taiwan Glass Ind's (TPE:1802) CEO Salary
Nov 23Financial 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).