Tait Marketing & Distribution Balance Sheet Health
Financial Health criteria checks 6/6
Tait Marketing & Distribution has a total shareholder equity of NT$1.2B and total debt of NT$9.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are NT$1.7B and NT$450.2M respectively. Tait Marketing & Distribution's EBIT is NT$243.7M making its interest coverage ratio -32.2. It has cash and short-term investments of NT$459.0M.
Key information
0.7%
Debt to equity ratio
NT$9.02m
Debt
| Interest coverage ratio | -32.2x |
| Cash | NT$458.96m |
| Equity | NT$1.20b |
| Total liabilities | NT$450.19m |
| Total assets | NT$1.65b |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Tait Marketing & Distribution Co., Ltd. (GTSM:5902)
Mar 30
Tait Marketing & Distribution Co., Ltd. (GTSM:5902) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Feb 17
Here’s What’s Happening With Returns At Tait Marketing & Distribution (GTSM:5902)
Jan 26Does Tait Marketing & Distribution's (GTSM:5902) Share Price Gain of 73% Match Its Business Performance?
Jan 05Is There More To The Story Than Tait Marketing & Distribution's (GTSM:5902) Earnings Growth?
Dec 13Is Tait Marketing & Distribution Co., Ltd.'s (GTSM:5902) Latest Stock Performance Being Led By Its Strong Fundamentals?
Nov 19Financial Position Analysis
Short Term Liabilities: 5902's short term assets (NT$1.1B) exceed its short term liabilities (NT$435.3M).
Long Term Liabilities: 5902's short term assets (NT$1.1B) exceed its long term liabilities (NT$14.9M).
Debt to Equity History and Analysis
Debt Level: 5902 has more cash than its total debt.
Reducing Debt: 5902's debt to equity ratio has reduced from 3.9% to 0.7% over the past 5 years.
Debt Coverage: 5902's debt is well covered by operating cash flow (3647.5%).
Interest Coverage: 5902 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 01:39 |
| End of Day Share Price | 2025/01/08 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
Tait Marketing & Distribution Co., Ltd. is covered by 0 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 |
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