Ten Ren Tea Balance Sheet Health
Financial Health criteria checks 5/6
Ten Ren Tea has a total shareholder equity of NT$1.5B and total debt of NT$125.5M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are NT$2.4B and NT$884.4M respectively. Ten Ren Tea's EBIT is NT$101.9M making its interest coverage ratio -11. It has cash and short-term investments of NT$189.4M.
Key information
8.4%
Debt to equity ratio
NT$125.50m
Debt
| Interest coverage ratio | -11x |
| Cash | NT$189.39m |
| Equity | NT$1.49b |
| Total liabilities | NT$884.38m |
| Total assets | NT$2.37b |
Recent financial health updates
These 4 Measures Indicate That Ten Ren Tea (TPE:1233) Is Using Debt Reasonably Well
Mar 10
We Think Ten Ren Tea (TPE:1233) Can Stay On Top Of Its Debt
Nov 29Recent updates
Is Ten Ren Tea Co., Ltd. (TPE:1233) An Attractive Dividend Stock?
Apr 06These 4 Measures Indicate That Ten Ren Tea (TPE:1233) Is Using Debt Reasonably Well
Mar 10Is Ten Ren Tea (TPE:1233) Headed For Trouble?
Feb 20
Ten Ren Tea Co., Ltd.'s (TPE:1233) Dismal Stock Performance Reflects Weak Fundamentals
Feb 05What Type Of Returns Would Ten Ren Tea's(TPE:1233) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 21Is Ten Ren Tea Co., Ltd. (TPE:1233) A Risky Dividend Stock?
Jan 06Are Ten Ren Tea's (TPE:1233) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 17We Think Ten Ren Tea (TPE:1233) Can Stay On Top Of Its Debt
Nov 29Financial Position Analysis
Short Term Liabilities: 1233's short term assets (NT$731.8M) exceed its short term liabilities (NT$586.9M).
Long Term Liabilities: 1233's short term assets (NT$731.8M) exceed its long term liabilities (NT$297.5M).
Debt to Equity History and Analysis
Debt Level: 1233 has more cash than its total debt.
Reducing Debt: 1233's debt to equity ratio has increased from 6.2% to 8.4% over the past 5 years.
Debt Coverage: 1233's debt is well covered by operating cash flow (210%).
Interest Coverage: 1233 earns more interest than it pays, so coverage of interest payments is not a concern.