Tainan Enterprise (Cayman) Balance Sheet Health
Financial Health criteria checks 5/6
Tainan Enterprise (Cayman) has a total shareholder equity of NT$732.7M and total debt of NT$558.6M, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are NT$1.9B and NT$1.1B respectively. Tainan Enterprise (Cayman)'s EBIT is NT$136.8M making its interest coverage ratio 30.1. It has cash and short-term investments of NT$136.7M.
Key information
76.2%
Debt to equity ratio
NT$558.59m
Debt
| Interest coverage ratio | 30.1x |
| Cash | NT$136.73m |
| Equity | NT$732.68m |
| Total liabilities | NT$1.12b |
| Total assets | NT$1.85b |
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
The 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$898.6M) exceed its short term liabilities (NT$785.6M).
Long Term Liabilities: 5906's short term assets (NT$898.6M) exceed its long term liabilities (NT$334.3M).
Debt to Equity History and Analysis
Debt Level: 5906's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: 5906's debt to equity ratio has reduced from 128.6% to 76.2% over the past 5 years.
Debt Coverage: 5906's debt is well covered by operating cash flow (35.6%).
Interest Coverage: 5906's interest payments on its debt are well covered by EBIT (30.1x coverage).