Tong Ming Enterprise Balance Sheet Health
Financial Health criteria checks 4/6
Tong Ming Enterprise has a total shareholder equity of NT$6.5B and total debt of NT$4.4B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are NT$12.3B and NT$5.7B respectively. Tong Ming Enterprise's EBIT is NT$163.1M making its interest coverage ratio 1. It has cash and short-term investments of NT$1.5B.
Key information
67.3%
Debt to equity ratio
NT$4.40b
Debt
| Interest coverage ratio | 1x |
| Cash | NT$1.51b |
| Equity | NT$6.54b |
| Total liabilities | NT$5.74b |
| Total assets | NT$12.29b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for Tong Ming Enterprise (TWSE:5538) Shareholders
Apr 04
Tong Ming Enterprise Co., Ltd. (TPE:5538) Is Yielding 4.2% - But Is It A Buy?
Apr 30Tong Ming Enterprise (TPE:5538) Is Experiencing Growth In Returns On Capital
Mar 25A Look At The Intrinsic Value Of Tong Ming Enterprise Co., Ltd. (TPE:5538)
Mar 10Are Robust Financials Driving The Recent Rally In Tong Ming Enterprise Co., Ltd.'s (TPE:5538) Stock?
Feb 23Does Tong Ming Enterprise (TPE:5538) Have A Healthy Balance Sheet?
Feb 08
Are Dividend Investors Making A Mistake With Tong Ming Enterprise Co., Ltd. (TPE:5538)?
Jan 21Tong Ming Enterprise (TPE:5538) Has Gifted Shareholders With A Fantastic 118% Total Return On Their Investment
Jan 05Here’s What’s Happening With Returns At Tong Ming Enterprise (TPE:5538)
Dec 21Calculating The Intrinsic Value Of Tong Ming Enterprise Co., Ltd. (TPE:5538)
Dec 08Tong Ming Enterprise Co., Ltd.'s (TPE:5538) Stock Has Fared Decently: Is the Market Following Strong Financials?
Nov 23Financial Position Analysis
Short Term Liabilities: 5538's short term assets (NT$8.7B) exceed its short term liabilities (NT$3.2B).
Long Term Liabilities: 5538's short term assets (NT$8.7B) exceed its long term liabilities (NT$2.5B).
Debt to Equity History and Analysis
Debt Level: 5538's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: 5538's debt to equity ratio has reduced from 73.2% to 67.3% over the past 5 years.
Debt Coverage: 5538's debt is well covered by operating cash flow (37%).
Interest Coverage: 5538's interest payments on its debt are not well covered by EBIT (1x coverage).