Tung Ho Textile Balance Sheet Health
Financial Health criteria checks 4/6
Tung Ho Textile has a total shareholder equity of NT$3.1B and total debt of NT$594.5M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are NT$4.5B and NT$1.4B respectively.
Key information
19.0%
Debt to equity ratio
NT$594.50m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$639.66m |
| Equity | NT$3.13b |
| Total liabilities | NT$1.36b |
| Total assets | NT$4.49b |
Recent financial health updates
Health Check: How Prudently Does Tung Ho Textile (TPE:1414) Use Debt?
Apr 14
Here's Why Tung Ho Textile (TPE:1414) Can Afford Some Debt
Jan 14Recent updates
Earnings Troubles May Signal Larger Issues for Tung Ho Textile (TWSE:1414) Shareholders
Mar 22Revenues Not Telling The Story For Tung Ho Textile Co., Ltd. (TWSE:1414)
Mar 08Health Check: How Prudently Does Tung Ho Textile (TPE:1414) Use Debt?
Apr 14Is Tung Ho Textile's (TPE:1414) Share Price Gain Of 127% Well Earned?
Mar 16Would Tung Ho Textile Co., Ltd. (TPE:1414) Be Valuable To Income Investors?
Feb 10
Here's Why Tung Ho Textile (TPE:1414) Can Afford Some Debt
Jan 14We're Not So Sure You Should Rely on Tung Ho Textile's (TPE:1414) Statutory Earnings
Dec 19Tung Ho Textile (TPE:1414) Has Gifted Shareholders With A Fantastic 189% Total Return On Their Investment
Nov 23Financial Position Analysis
Short Term Liabilities: 1414's short term assets (NT$1.1B) exceed its short term liabilities (NT$675.9M).
Long Term Liabilities: 1414's short term assets (NT$1.1B) exceed its long term liabilities (NT$682.0M).
Debt to Equity History and Analysis
Debt Level: 1414 has more cash than its total debt.
Reducing Debt: 1414's debt to equity ratio has reduced from 20.2% to 19% over the past 5 years.
Debt Coverage: 1414's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: Insufficient data to determine if 1414's interest payments on its debt are well covered by EBIT.