Tex-Ray Industrial Balance Sheet Health
Financial Health criteria checks 2/6
Tex-Ray Industrial has a total shareholder equity of NT$3.1B and total debt of NT$4.4B, which brings its debt-to-equity ratio to 141.4%. Its total assets and total liabilities are NT$8.9B and NT$5.8B respectively. Tex-Ray Industrial's EBIT is NT$92.6M making its interest coverage ratio 2.8. It has cash and short-term investments of NT$2.3B.
Key information
141.4%
Debt to equity ratio
NT$4.37b
Debt
| Interest coverage ratio | 2.8x |
| Cash | NT$2.29b |
| Equity | NT$3.09b |
| Total liabilities | NT$5.81b |
| Total assets | NT$8.90b |
Recent financial health updates
Recent updates
Tex-Ray Industrial's (TWSE:1467) Profits Appear To Have Quality Issues
Aug 21
There Is A Reason Tex-Ray Industrial Co., Ltd.'s (TWSE:1467) Price Is Undemanding
Aug 06What Do The Returns At Tex-Ray Industrial (TPE:1467) Mean Going Forward?
Mar 08Is Tex-Ray Industrial (TPE:1467) Using Too Much Debt?
Feb 01
Can You Imagine How Jubilant Tex-Ray Industrial's (TPE:1467) Shareholders Feel About Its 135% Share Price Gain?
Dec 28Here’s What’s Happening With Returns At Tex-Ray Industrial (TPE:1467)
Nov 23Financial Position Analysis
Short Term Liabilities: 1467's short term assets (NT$4.8B) exceed its short term liabilities (NT$3.6B).
Long Term Liabilities: 1467's short term assets (NT$4.8B) exceed its long term liabilities (NT$2.2B).
Debt to Equity History and Analysis
Debt Level: 1467's net debt to equity ratio (67.2%) is considered high.
Reducing Debt: 1467's debt to equity ratio has increased from 126.8% to 141.4% over the past 5 years.
Debt Coverage: 1467's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 1467's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:23 |
| End of Day Share Price | 2024/12/23 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Tex-Ray Industrial Co., Ltd. is covered by 1 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 |
|---|---|
| Titan Horng | IBTS Investment Consulting Co., Ltd. |