Tainan Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Tainan Enterprises has a total shareholder equity of NT$4.0B and total debt of NT$856.2M, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are NT$5.9B and NT$1.9B respectively. Tainan Enterprises's EBIT is NT$381.8M making its interest coverage ratio -14.7. It has cash and short-term investments of NT$843.0M.
Key information
21.3%
Debt to equity ratio
NT$856.20m
Debt
| Interest coverage ratio | -14.7x |
| Cash | NT$843.05m |
| Equity | NT$4.01b |
| Total liabilities | NT$1.86b |
| Total assets | NT$5.87b |
Recent financial health updates
Tainan Enterprises (TWSE:1473) Could Easily Take On More Debt
Mar 14
Would Tainan EnterprisesLtd (TPE:1473) Be Better Off With Less Debt?
Jan 28
Recent updates
Why Investors Shouldn't Be Surprised By Tainan Enterprises Co., Ltd.'s (TWSE:1473) Low P/E
Apr 24Tainan Enterprises (TWSE:1473) Could Easily Take On More Debt
Mar 14Is Tainan Enterprises Co.,Ltd (TPE:1473) A Strong Dividend Stock?
Mar 04Would Tainan EnterprisesLtd (TPE:1473) Be Better Off With Less Debt?
Jan 28Would Shareholders Who Purchased Tainan EnterprisesLtd's (TPE:1473) Stock Five Years Be Happy With The Share price Today?
Dec 24Should You Buy Tainan Enterprises Co.,Ltd (TPE:1473) For Its 2.8% Dividend?
Nov 19Financial Position Analysis
Short Term Liabilities: 1473's short term assets (NT$3.6B) exceed its short term liabilities (NT$1.7B).
Long Term Liabilities: 1473's short term assets (NT$3.6B) exceed its long term liabilities (NT$191.9M).
Debt to Equity History and Analysis
Debt Level: 1473's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 1473's debt to equity ratio has reduced from 28.8% to 21.3% over the past 5 years.
Debt Coverage: 1473's debt is not well covered by operating cash flow (10%).
Interest Coverage: 1473 earns more interest than it pays, so coverage of interest payments is not a concern.