Tatung Balance Sheet Health
Financial Health criteria checks 5/6
Tatung has a total shareholder equity of NT$65.7B and total debt of NT$39.8B, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are NT$137.3B and NT$71.6B respectively. Tatung's EBIT is NT$1.3B making its interest coverage ratio 3.8. It has cash and short-term investments of NT$26.1B.
Key information
60.6%
Debt to equity ratio
NT$39.82b
Debt
| Interest coverage ratio | 3.8x |
| Cash | NT$26.10b |
| Equity | NT$65.66b |
| Total liabilities | NT$71.62b |
| Total assets | NT$137.28b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2371's short term assets (NT$57.7B) exceed its short term liabilities (NT$30.6B).
Long Term Liabilities: 2371's short term assets (NT$57.7B) exceed its long term liabilities (NT$41.0B).
Debt to Equity History and Analysis
Debt Level: 2371's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: 2371's debt to equity ratio has reduced from 198.1% to 60.6% over the past 5 years.
Debt Coverage: 2371's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: 2371's interest payments on its debt are well covered by EBIT (3.8x coverage).