Tai Roun ProductsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tai Roun ProductsLtd has a total shareholder equity of NT$2.5B and total debt of NT$289.6M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are NT$3.2B and NT$661.9M respectively. Tai Roun ProductsLtd's EBIT is NT$162.5M making its interest coverage ratio -107.7. It has cash and short-term investments of NT$393.4M.
Key information
11.4%
Debt to equity ratio
NT$289.63m
Debt
| Interest coverage ratio | -107.7x |
| Cash | NT$393.38m |
| Equity | NT$2.53b |
| Total liabilities | NT$661.89m |
| Total assets | NT$3.20b |
Recent financial health updates
These 4 Measures Indicate That Tai Roun ProductsLtd (TPE:1220) Is Using Debt Safely
Feb 19
Tai Roun ProductsLtd (TPE:1220) Could Easily Take On More Debt
Nov 21
Recent updates
Investors Will Want Tai Roun ProductsLtd's (TPE:1220) Growth In ROCE To Persist
Apr 15The Tai Roun ProductsLtd (TPE:1220) Share Price Is Up 22% And Shareholders Are Holding On
Mar 09These 4 Measures Indicate That Tai Roun ProductsLtd (TPE:1220) Is Using Debt Safely
Feb 19How Does Tai Roun Products Co.,Ltd. (TPE:1220) Fare As A Dividend Stock?
Feb 01Returns On Capital - An Important Metric For Tai Roun ProductsLtd (TPE:1220)
Jan 14Can Tai Roun Products Co.,Ltd.'s (TPE:1220) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Dec 28If You Had Bought Tai Roun ProductsLtd (TPE:1220) Stock Three Years Ago, You Could Pocket A 19% Gain Today
Dec 09Tai Roun ProductsLtd (TPE:1220) Could Easily Take On More Debt
Nov 21Financial Position Analysis
Short Term Liabilities: 1220's short term assets (NT$1.9B) exceed its short term liabilities (NT$440.7M).
Long Term Liabilities: 1220's short term assets (NT$1.9B) exceed its long term liabilities (NT$221.2M).
Debt to Equity History and Analysis
Debt Level: 1220 has more cash than its total debt.
Reducing Debt: 1220's debt to equity ratio has reduced from 14.4% to 11.4% over the past 5 years.
Debt Coverage: 1220's debt is well covered by operating cash flow (136.2%).
Interest Coverage: 1220 earns more interest than it pays, so coverage of interest payments is not a concern.