Toung Loong Textile Mfg.Co.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Toung Loong Textile Mfg.Co.Ltd has a total shareholder equity of NT$2.7B and total debt of NT$2.5B, which brings its debt-to-equity ratio to 92.1%. Its total assets and total liabilities are NT$5.9B and NT$3.2B respectively. Toung Loong Textile Mfg.Co.Ltd's EBIT is NT$100.8M making its interest coverage ratio 5.9. It has cash and short-term investments of NT$815.3M.
Key information
92.1%
Debt to equity ratio
NT$2.49b
Debt
| Interest coverage ratio | 5.9x |
| Cash | NT$815.26m |
| Equity | NT$2.70b |
| Total liabilities | NT$3.17b |
| Total assets | NT$5.87b |
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$2.6B) exceed its short term liabilities (NT$2.1B).
Long Term Liabilities: 4401's short term assets (NT$2.6B) exceed its long term liabilities (NT$1.1B).
Debt to Equity History and Analysis
Debt Level: 4401's net debt to equity ratio (61.9%) is considered high.
Reducing Debt: 4401's debt to equity ratio has reduced from 100.5% to 92.1% over the past 5 years.
Debt Coverage: 4401's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 4401's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:05 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Toung Loong Textile Mfg.Co.,Ltd. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Qiuxiang Lin | IBTS Investment Consulting Co., Ltd. |
| Zhangni Wang | Jih Sun Securities Investment Consulting Co., Ltd. |
| Corinne Jian | Macquarie Research |