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 ratio | n/a |
| Cash | NT$6.83b |
| Equity | NT$29.69b |
| Total liabilities | NT$19.30b |
| Total assets | NT$48.99b |
Recent financial health updates
Is Tainan Spinning (TWSE:1440) A Risky Investment?
Jun 06
Tainan Spinning (TPE:1440) Is Carrying A Fair Bit Of Debt
Mar 25Tainan Spinning (TPE:1440) Is Making Moderate Use Of Debt
Dec 01Recent updates
Tainan Spinning's (TWSE:1440) Profits Appear To Have Quality Issues
Nov 15Is Tainan Spinning (TWSE:1440) A Risky Investment?
Jun 06Tainan Spinning Co., Ltd. (TWSE:1440) Stock Rockets 27% But Many Are Still Ignoring The Company
Apr 26Why Tainan Spinning Co., Ltd. (TWSE:1440) Could Be Worth Watching
Apr 22Tainan Spinning's (TWSE:1440) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 14Tainan Spinning (TPE:1440) Is Carrying A Fair Bit Of Debt
Mar 25Tainan Spinning Co., Ltd. (TPE:1440) Investors Should Think About This Before Buying It For Its Dividend
Feb 18
Does Tainan Spinning's (TPE:1440) Share Price Gain of 24% Match Its Business Performance?
Jan 22Does Tainan Spinning's (TPE:1440) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 27Tainan Spinning (TPE:1440) Is Making Moderate Use Of Debt
Dec 01Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 15:41 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tainan Spinning Co., Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Qiuxiang Lin | IBTS Investment Consulting Co., Ltd. |
| Chien-Chien Huang | Jih Sun Securities Investment Consulting Co., Ltd. |
| Shawn Yang | Masterlink Securities Corp. |