Thai Kin Balance Sheet Health
Financial Health criteria checks 6/6
Thai Kin has a total shareholder equity of NT$1.4B and total debt of NT$456.5M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are NT$2.1B and NT$622.0M respectively. Thai Kin's EBIT is NT$415.8M making its interest coverage ratio 447.1. It has cash and short-term investments of NT$780.0M.
Key information
31.5%
Debt to equity ratio
NT$456.53m
Debt
| Interest coverage ratio | 447.1x |
| Cash | NT$779.96m |
| Equity | NT$1.45b |
| Total liabilities | NT$621.96m |
| Total assets | NT$2.07b |
Recent financial health updates
Recent updates
Thai Kin (GTSM:6629) Might Be Having Difficulty Using Its Capital Effectively
Mar 24
Do Its Financials Have Any Role To Play In Driving Thai Kin Co., Ltd.'s (GTSM:6629) Stock Up Recently?
Mar 04Update: Thai Kin (GTSM:6629) Stock Gained 28% In The Last Year
Feb 10
Is There More To The Story Than Thai Kin's (GTSM:6629) Earnings Growth?
Jan 19These 4 Measures Indicate That Thai Kin (GTSM:6629) Is Using Debt Reasonably Well
Dec 31The Trends At Thai Kin (GTSM:6629) That You Should Know About
Dec 14Thai Kin Co., Ltd.'s (GTSM:6629) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Nov 24Financial Position Analysis
Short Term Liabilities: 6629's short term assets (NT$1.5B) exceed its short term liabilities (NT$318.8M).
Long Term Liabilities: 6629's short term assets (NT$1.5B) exceed its long term liabilities (NT$303.2M).
Debt to Equity History and Analysis
Debt Level: 6629 has more cash than its total debt.
Reducing Debt: 6629's debt to equity ratio has reduced from 60.6% to 31.5% over the past 5 years.
Debt Coverage: 6629's debt is well covered by operating cash flow (56.7%).
Interest Coverage: 6629's interest payments on its debt are well covered by EBIT (447.1x coverage).