Tongtai Machine & Tool Balance Sheet Health
Financial Health criteria checks 3/6
Tongtai Machine & Tool has a total shareholder equity of NT$5.1B and total debt of NT$4.0B, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are NT$12.7B and NT$7.6B respectively.
Key information
78.9%
Debt to equity ratio
NT$4.02b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$935.38m |
| Equity | NT$5.10b |
| Total liabilities | NT$7.55b |
| Total assets | NT$12.65b |
Recent financial health updates
Is Tongtai Machine & Tool (TWSE:4526) Using Too Much Debt?
Mar 26
Is Tongtai Machine & Tool (TPE:4526) Using Debt In A Risky Way?
Feb 17
Recent updates
Tongtai Machine & Tool Co., Ltd.'s (TWSE:4526) Shares Bounce 26% But Its Business Still Trails The Industry
Apr 17Why Tongtai Machine & Tool's (TWSE:4526) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 04Is Tongtai Machine & Tool (TWSE:4526) Using Too Much Debt?
Mar 26Is Tongtai Machine & Tool (TPE:4526) Using Debt In A Risky Way?
Feb 17Tongtai Machine & Tool's (TPE:4526) Stock Price Has Reduced 34% In The Past Five Years
Jan 13How Does Tongtai Machine & Tool Co., Ltd. (TPE:4526) Fare As A Dividend Stock?
Dec 09Financial Position Analysis
Short Term Liabilities: 4526's short term assets (NT$8.0B) exceed its short term liabilities (NT$6.4B).
Long Term Liabilities: 4526's short term assets (NT$8.0B) exceed its long term liabilities (NT$1.2B).
Debt to Equity History and Analysis
Debt Level: 4526's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: 4526's debt to equity ratio has reduced from 110.9% to 78.9% over the past 5 years.
Debt Coverage: 4526's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: Insufficient data to determine if 4526's interest payments on its debt are well covered by EBIT.