Tainan Enterprise (Cayman) Balance Sheet Health
Financial Health criteria checks 4/6
Tainan Enterprise (Cayman) has a total shareholder equity of NT$806.6M and total debt of NT$573.3M, which brings its debt-to-equity ratio to 71.1%. Its total assets and total liabilities are NT$2.0B and NT$1.2B respectively. Tainan Enterprise (Cayman)'s EBIT is NT$100.4M making its interest coverage ratio 13.5. It has cash and short-term investments of NT$176.1M.
Key information
71.1%
Debt to equity ratio
NT$573.26m
Debt
| Interest coverage ratio | 13.5x |
| Cash | NT$176.06m |
| Equity | NT$806.65m |
| Total liabilities | NT$1.16b |
| Total assets | NT$1.97b |
Recent financial health updates
Is Tainan Enterprise (Cayman) (TPE:5906) A Risky Investment?
Mar 17
Tainan Enterprise (Cayman) (TPE:5906) Has A Pretty Healthy Balance Sheet
Dec 02
Recent updates
Tainan Enterprise (Cayman) (TWSE:5906) Is Paying Out A Dividend Of NT$1.50
Aug 19The Returns At Tainan Enterprise (Cayman) (TWSE:5906) Aren't Growing
Apr 03We Like Tainan Enterprise (Cayman)'s (TPE:5906) Earnings For More Than Just Statutory Profit
Apr 01Is Tainan Enterprise (Cayman) (TPE:5906) A Risky Investment?
Mar 17We Like These Underlying Trends At Tainan Enterprise (Cayman) (TPE:5906)
Feb 10Did Business Growth Power Tainan Enterprise (Cayman)'s (TPE:5906) Share Price Gain of 270%?
Jan 06Tainan Enterprise (Cayman) (TPE:5906) Has A Pretty Healthy Balance Sheet
Dec 02Financial Position Analysis
Short Term Liabilities: 5906's short term assets (NT$963.5M) exceed its short term liabilities (NT$894.9M).
Long Term Liabilities: 5906's short term assets (NT$963.5M) exceed its long term liabilities (NT$266.5M).
Debt to Equity History and Analysis
Debt Level: 5906's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: 5906's debt to equity ratio has reduced from 114.8% to 71.1% over the past 5 years.
Debt Coverage: 5906's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: 5906's interest payments on its debt are well covered by EBIT (13.5x coverage).