Tahsin Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Tahsin Industrial has a total shareholder equity of NT$10.6B and total debt of NT$129.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are NT$11.3B and NT$719.7M respectively. Tahsin Industrial's EBIT is NT$14.3M making its interest coverage ratio -0.1. It has cash and short-term investments of NT$6.5B.
Key information
1.2%
Debt to equity ratio
NT$129.02m
Debt
| Interest coverage ratio | -0.05x |
| Cash | NT$6.49b |
| Equity | NT$10.62b |
| Total liabilities | NT$719.69m |
| Total assets | NT$11.34b |
Recent financial health updates
No updates
Recent updates
Why Tahsin Industrial's (TWSE:1315) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 21
Tahsin Industrial's (TWSE:1315) Dividend Will Be NT$2.50
Mar 14What Type Of Shareholders Make Up Tah Hsin Industrial Corporation's (TPE:1315) Share Registry?
Jan 11Tah Hsin Industrial (TPE:1315) Is Growing Earnings But Are They A Good Guide?
Nov 19
Financial Position Analysis
Short Term Liabilities: 1315's short term assets (NT$7.5B) exceed its short term liabilities (NT$460.2M).
Long Term Liabilities: 1315's short term assets (NT$7.5B) exceed its long term liabilities (NT$259.5M).
Debt to Equity History and Analysis
Debt Level: 1315 has more cash than its total debt.
Reducing Debt: 1315's debt to equity ratio has reduced from 11% to 1.2% over the past 5 years.
Debt Coverage: 1315's debt is well covered by operating cash flow (419%).
Interest Coverage: 1315 earns more interest than it pays, so coverage of interest payments is not a concern.