Toung Loong Textile Mfg.Co.Ltd Balance Sheet Health
Financial Health criteria checks 2/6
Toung Loong Textile Mfg.Co.Ltd has a total shareholder equity of NT$2.7B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 101%. Its total assets and total liabilities are NT$5.8B and NT$3.2B respectively.
Key information
101.0%
Debt to equity ratio
NT$2.69b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$838.12m |
| Equity | NT$2.67b |
| Total liabilities | NT$3.16b |
| Total assets | NT$5.83b |
Recent financial health updates
Recent updates
Toung Loong Textile MFG (GTSM:4401) Has A Somewhat Strained Balance Sheet
Mar 11
Read This Before Buying Toung Loong Textile MFG. Co., LTD. (GTSM:4401) For Its Dividend
Feb 22Should You Be Impressed By Toung Loong Textile MFG's (GTSM:4401) Returns on Capital?
Feb 02Estimating The Intrinsic Value Of Toung Loong Textile MFG. Co., LTD. (GTSM:4401)
Jan 15
Toung Loong Textile MFG. Co., LTD. (GTSM:4401) Delivered A Weaker ROE Than Its Industry
Dec 28Toung Loong Textile MFG's (GTSM:4401) Stock Price Has Reduced 73% In The Past Five Years
Dec 10Is Toung Loong Textile MFG. Co., LTD. (GTSM:4401) A Risky Dividend Stock?
Nov 23Financial Position Analysis
Short Term Liabilities: 4401's short term assets (NT$2.5B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 4401's short term assets (NT$2.5B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 4401's net debt to equity ratio (69.6%) is considered high.
Reducing Debt: 4401's debt to equity ratio has increased from 92% to 101% over the past 5 years.
Debt Coverage: 4401's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: Insufficient data to determine if 4401's interest payments on its debt are well covered by EBIT.