TaChan SecuritiesLtd Balance Sheet Health
Financial Health criteria checks 3/6
TaChan SecuritiesLtd has a total shareholder equity of NT$4.4B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are NT$7.5B and NT$3.2B respectively.
Key information
52.6%
Debt to equity ratio
NT$2.30b
Debt
Interest coverage ratio | n/a |
Cash | NT$4.84b |
Equity | NT$4.37b |
Total liabilities | NT$3.16b |
Total assets | NT$7.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6020's short term assets (NT$6.5B) exceed its short term liabilities (NT$3.2B).
Long Term Liabilities: 6020's short term assets (NT$6.5B) exceed its long term liabilities (NT$2.0M).
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 15.8% to 52.6% 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.