Tachan Securities Balance Sheet Health
Financial Health criteria checks 4/6
Tachan Securities has a total shareholder equity of NT$4.7B and total debt of NT$1.6B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are NT$6.9B and NT$2.2B respectively.
Key information
33.0%
Debt to equity ratio
NT$1.56b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$3.88b |
| Equity | NT$4.72b |
| Total liabilities | NT$2.19b |
| Total assets | NT$6.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6020's short term assets (NT$5.4B) exceed its short term liabilities (NT$2.2B).
Long Term Liabilities: 6020's short term assets (NT$5.4B) exceed its long term liabilities (NT$1.8M).
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 reduced from 35.8% to 33% over the past 5 years.
Debt Coverage: 6020's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6020's interest payments on its debt are well covered by EBIT.