Tung Ho Textile Balance Sheet Health
Financial Health criteria checks 5/6
Tung Ho Textile has a total shareholder equity of NT$3.2B and total debt of NT$480.0M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are NT$4.4B and NT$1.2B respectively.
Key information
15.1%
Debt to equity ratio
NT$480.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$681.68m |
| Equity | NT$3.17b |
| Total liabilities | NT$1.24b |
| Total assets | NT$4.41b |
Recent financial health updates
Is Tung Ho Textile (TWSE:1414) Weighed On By Its Debt Load?
Jun 07
Health Check: How Prudently Does Tung Ho Textile (TPE:1414) Use Debt?
Apr 14Here's Why Tung Ho Textile (TPE:1414) Can Afford Some Debt
Jan 14Recent updates
We Think That There Are Some Issues For Tung Ho Textile (TWSE:1414) Beyond Its Promising Earnings
Nov 21Is Tung Ho Textile (TWSE:1414) Weighed On By Its Debt Load?
Jun 07Earnings 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$556.2M).
Long Term Liabilities: 1414's short term assets (NT$1.1B) exceed its long term liabilities (NT$680.5M).
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 26.4% to 15.1% over the past 5 years.
Debt Coverage: 1414's debt is well covered by operating cash flow (37.1%).
Interest Coverage: Insufficient data to determine if 1414's interest payments on its debt are well covered by EBIT.