TongHwa Balance Sheet Health
Financial Health criteria checks 1/6
TongHwa has a total shareholder equity of NT$1.3B and total debt of NT$2.7B, which brings its debt-to-equity ratio to 212.5%. Its total assets and total liabilities are NT$4.5B and NT$3.2B respectively.
Key information
212.5%
Debt to equity ratio
NT$2.70b
Debt
Interest coverage ratio | n/a |
Cash | NT$828.82m |
Equity | NT$1.27b |
Total liabilities | NT$3.21b |
Total assets | NT$4.48b |
Financial Position Analysis
Short Term Liabilities: 1418's short term assets (NT$838.0M) do not cover its short term liabilities (NT$2.7B).
Long Term Liabilities: 1418's short term assets (NT$838.0M) exceed its long term liabilities (NT$486.9M).
Debt to Equity History and Analysis
Debt Level: 1418's net debt to equity ratio (147.3%) is considered high.
Reducing Debt: 1418's debt to equity ratio has increased from 162.3% to 212.5% over the past 5 years.
Debt Coverage: 1418's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1418's interest payments on its debt are well covered by EBIT.