Tycoons Group EnterpriseLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tycoons Group EnterpriseLtd has a total shareholder equity of NT$6.9B and total debt of NT$1.2B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are NT$8.9B and NT$2.0B respectively. Tycoons Group EnterpriseLtd's EBIT is NT$403.8M making its interest coverage ratio 5.7. It has cash and short-term investments of NT$1.2B.
Key information
16.9%
Debt to equity ratio
NT$1.17b
Debt
| Interest coverage ratio | 5.7x |
| Cash | NT$1.16b |
| Equity | NT$6.90b |
| Total liabilities | NT$2.01b |
| Total assets | NT$8.91b |
Recent financial health updates
Tycoons Group EnterpriseLtd (TPE:2022) Takes On Some Risk With Its Use Of Debt
Mar 27
Is Tycoons Group EnterpriseLtd (TPE:2022) A Risky Investment?
Dec 22
Recent updates
Why Tycoons Group EnterpriseLtd's (TWSE:2022) Earnings Are Better Than They Seem
Apr 05Tycoons Group EnterpriseLtd (TPE:2022) Might Have The Makings Of A Multi-Bagger
May 01Tycoons Group EnterpriseLtd (TPE:2022) Takes On Some Risk With Its Use Of Debt
Mar 27Reflecting on Tycoons Group EnterpriseLtd's (TPE:2022) Share Price Returns Over The Last Three Years
Feb 13Is Tycoons Group EnterpriseLtd (TPE:2022) A Risky Investment?
Dec 22Financial Position Analysis
Short Term Liabilities: 2022's short term assets (NT$4.6B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 2022's short term assets (NT$4.6B) exceed its long term liabilities (NT$313.1M).
Debt to Equity History and Analysis
Debt Level: 2022's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 2022's debt to equity ratio has reduced from 59% to 16.9% over the past 5 years.
Debt Coverage: 2022's debt is well covered by operating cash flow (110.9%).
Interest Coverage: 2022's interest payments on its debt are well covered by EBIT (5.7x coverage).