Taiwan Taffeta Fabric Balance Sheet Health
Financial Health criteria checks 5/6
Taiwan Taffeta Fabric has a total shareholder equity of NT$1.6B and total debt of NT$170.0M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are NT$2.0B and NT$391.4M respectively.
Key information
10.7%
Debt to equity ratio
NT$170.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$489.50m |
| Equity | NT$1.59b |
| Total liabilities | NT$391.37m |
| Total assets | NT$1.99b |
Recent financial health updates
Is Taiwan Taffeta Fabric (TWSE:1454) Weighed On By Its Debt Load?
Jul 05
Taiwan Taffeta Fabric (TPE:1454) Has Debt But No Earnings; Should You Worry?
Jan 21
Recent updates
Taiwan Taffeta Fabric (TWSE:1454) Will Pay A Dividend Of NT$0.25
Aug 12Is Taiwan Taffeta Fabric (TWSE:1454) Weighed On By Its Debt Load?
Jul 05We Think You Should Be Aware Of Some Concerning Factors In Taiwan Taffeta Fabric's (TWSE:1454) Earnings
May 21Read This Before Buying Taiwan Taffeta Fabric Co., Ltd. (TPE:1454) For Its Dividend
Mar 15Taiwan Taffeta Fabric (TPE:1454) Has Debt But No Earnings; Should You Worry?
Jan 21Know This Before Buying Taiwan Taffeta Fabric Co., Ltd. (TPE:1454) For Its Dividend
Nov 30Financial Position Analysis
Short Term Liabilities: 1454's short term assets (NT$1.1B) exceed its short term liabilities (NT$360.0M).
Long Term Liabilities: 1454's short term assets (NT$1.1B) exceed its long term liabilities (NT$31.3M).
Debt to Equity History and Analysis
Debt Level: 1454 has more cash than its total debt.
Reducing Debt: 1454's debt to equity ratio has reduced from 15.1% to 10.7% over the past 5 years.
Debt Coverage: 1454's debt is well covered by operating cash flow (22.9%).
Interest Coverage: Insufficient data to determine if 1454's interest payments on its debt are well covered by EBIT.