Tachan Securities Balance Sheet Health
Financial Health criteria checks 3/6
Tachan Securities has a total shareholder equity of NT$4.5B and total debt of NT$2.0B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are NT$7.2B and NT$2.7B respectively.
Key information
45.2%
Debt to equity ratio
NT$2.05b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$4.39b |
| Equity | NT$4.53b |
| Total liabilities | NT$2.70b |
| Total assets | NT$7.23b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6020's short term assets (NT$5.7B) exceed its short term liabilities (NT$2.7B).
Long Term Liabilities: 6020's short term assets (NT$5.7B) exceed its long term liabilities (NT$2.2M).
Debt to Equity History and Analysis
Debt Level: 6020 has more cash than its total debt.
Reducing Debt: 6020's debt to equity ratio has increased from 26.4% to 45.2% over the past 5 years.
Debt Coverage: 6020's debt is not well covered by operating cash flow (10%).
Interest Coverage: Insufficient data to determine if 6020's interest payments on its debt are well covered by EBIT.