Tainan Spinning Co., Ltd.

TWSE:1440 Stock Report

Market Cap: NT$24.9b

Tainan Spinning Balance Sheet Health

Financial Health criteria checks 4/6

Tainan Spinning has a total shareholder equity of NT$29.7B and total debt of NT$12.1B, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are NT$49.0B and NT$19.3B respectively.

Key information

40.6%

Debt to equity ratio

NT$12.07b

Debt

Interest coverage ration/a
CashNT$6.83b
EquityNT$29.69b
Total liabilitiesNT$19.30b
Total assetsNT$48.99b

Recent financial health updates

Is Tainan Spinning (TWSE:1440) A Risky Investment?

Jun 06
Is Tainan Spinning (TWSE:1440) A Risky Investment?

Tainan Spinning (TPE:1440) Is Carrying A Fair Bit Of Debt

Mar 25
Tainan Spinning (TPE:1440) Is Carrying A Fair Bit Of Debt

Tainan Spinning (TPE:1440) Is Making Moderate Use Of Debt

Dec 01
Tainan Spinning (TPE:1440) Is Making Moderate Use Of Debt

Recent updates

Tainan Spinning's (TWSE:1440) Profits Appear To Have Quality Issues

Nov 15
Tainan Spinning's (TWSE:1440) Profits Appear To Have Quality Issues

Is Tainan Spinning (TWSE:1440) A Risky Investment?

Jun 06
Is Tainan Spinning (TWSE:1440) A Risky Investment?

Tainan Spinning Co., Ltd. (TWSE:1440) Stock Rockets 27% But Many Are Still Ignoring The Company

Apr 26
Tainan Spinning Co., Ltd. (TWSE:1440) Stock Rockets 27% But Many Are Still Ignoring The Company

Why Tainan Spinning Co., Ltd. (TWSE:1440) Could Be Worth Watching

Apr 22
Why Tainan Spinning Co., Ltd. (TWSE:1440) Could Be Worth Watching

Tainan Spinning's (TWSE:1440) Shareholders May Want To Dig Deeper Than Statutory Profit

Mar 14
Tainan Spinning's (TWSE:1440) Shareholders May Want To Dig Deeper Than Statutory Profit

Tainan Spinning (TPE:1440) Is Carrying A Fair Bit Of Debt

Mar 25
Tainan Spinning (TPE:1440) Is Carrying A Fair Bit Of Debt

Tainan Spinning Co., Ltd. (TPE:1440) Investors Should Think About This Before Buying It For Its Dividend

Feb 18
Tainan Spinning Co., Ltd. (TPE:1440) Investors Should Think About This Before Buying It For Its Dividend

Does Tainan Spinning's (TPE:1440) Share Price Gain of 24% Match Its Business Performance?

Jan 22
Does Tainan Spinning's (TPE:1440) Share Price Gain of 24% Match Its Business Performance?

Does Tainan Spinning's (TPE:1440) Statutory Profit Adequately Reflect Its Underlying Profit?

Dec 27
Does Tainan Spinning's (TPE:1440) Statutory Profit Adequately Reflect Its Underlying Profit?

Tainan Spinning (TPE:1440) Is Making Moderate Use Of Debt

Dec 01
Tainan Spinning (TPE:1440) Is Making Moderate Use Of Debt

Financial Position Analysis

Short Term Liabilities: 1440's short term assets (NT$14.4B) exceed its short term liabilities (NT$11.1B).

Long Term Liabilities: 1440's short term assets (NT$14.4B) exceed its long term liabilities (NT$8.2B).

Debt to Equity History and Analysis

Debt Level: 1440's net debt to equity ratio (17.6%) is considered satisfactory.

Reducing Debt: 1440's debt to equity ratio has reduced from 48.5% to 40.6% over the past 5 years.

Debt Coverage: 1440's debt is not well covered by operating cash flow (0.8%).

Interest Coverage: Insufficient data to determine if 1440's interest payments on its debt are well covered by EBIT.

Balance Sheet

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