TURVO International Balance Sheet Health
Financial Health criteria checks 5/6
TURVO International has a total shareholder equity of NT$3.6B and total debt of NT$640.2M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are NT$5.2B and NT$1.6B respectively. TURVO International's EBIT is NT$531.8M making its interest coverage ratio -37. It has cash and short-term investments of NT$1.3B.
Key information
17.9%
Debt to equity ratio
NT$640.23m
Debt
Interest coverage ratio | -37x |
Cash | NT$1.29b |
Equity | NT$3.58b |
Total liabilities | NT$1.58b |
Total assets | NT$5.17b |
Recent financial health updates
TURVO International (TPE:2233) Has A Pretty Healthy Balance Sheet
Mar 29These 4 Measures Indicate That TURVO International (TPE:2233) Is Using Debt Reasonably Well
Dec 29Recent updates
Some Investors May Be Willing To Look Past TURVO International's (TWSE:2233) Soft Earnings
Apr 01Key Things To Consider Before Buying TURVO International Co., Ltd. (TPE:2233) For Its Dividend
Apr 28TURVO International (TPE:2233) Has A Pretty Healthy Balance Sheet
Mar 29The Trends At TURVO International (TPE:2233) That You Should Know About
Mar 14Investors Who Bought TURVO International (TPE:2233) Shares A Year Ago Are Now Up 54%
Feb 27What Is TURVO International Co., Ltd.'s (TPE:2233) Share Price Doing?
Feb 12Factors Income Investors Should Consider Before Adding TURVO International Co., Ltd. (TPE:2233) To Their Portfolio
Jan 28TURVO International Co., Ltd.'s (TPE:2233) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jan 13These 4 Measures Indicate That TURVO International (TPE:2233) Is Using Debt Reasonably Well
Dec 29Our Take On The Returns On Capital At TURVO International (TPE:2233)
Dec 14Shareholders Of TURVO International (TPE:2233) Must Be Happy With Their 62% Return
Nov 29Financial Position Analysis
Short Term Liabilities: 2233's short term assets (NT$2.9B) exceed its short term liabilities (NT$983.9M).
Long Term Liabilities: 2233's short term assets (NT$2.9B) exceed its long term liabilities (NT$599.6M).
Debt to Equity History and Analysis
Debt Level: 2233 has more cash than its total debt.
Reducing Debt: 2233's debt to equity ratio has increased from 8.7% to 17.9% over the past 5 years.
Debt Coverage: 2233's debt is well covered by operating cash flow (139.7%).
Interest Coverage: 2233 earns more interest than it pays, so coverage of interest payments is not a concern.