Ten Ren Tea Co., Ltd.

TWSE:1233 Stock Report

Market Cap: NT$2.9b

Ten Ren Tea Balance Sheet Health

Financial Health criteria checks 5/6

Ten Ren Tea has a total shareholder equity of NT$1.4B and total debt of NT$135.5M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are NT$2.3B and NT$836.6M respectively. Ten Ren Tea's EBIT is NT$77.9M making its interest coverage ratio -8.3. It has cash and short-term investments of NT$170.9M.

Key information

9.6%

Debt to equity ratio

NT$135.50m

Debt

Interest coverage ratio-8.3x
CashNT$170.91m
EquityNT$1.41b
Total liabilitiesNT$836.60m
Total assetsNT$2.25b

Recent financial health updates

These 4 Measures Indicate That Ten Ren Tea (TPE:1233) Is Using Debt Reasonably Well

Mar 10
These 4 Measures Indicate That Ten Ren Tea (TPE:1233) Is Using Debt Reasonably Well

We Think Ten Ren Tea (TPE:1233) Can Stay On Top Of Its Debt

Nov 29
We Think Ten Ren Tea (TPE:1233) Can Stay On Top Of Its Debt

Recent updates

Ten Ren Tea (TWSE:1233) Is Increasing Its Dividend To NT$0.90

Jul 04
Ten Ren Tea (TWSE:1233) Is Increasing Its Dividend To NT$0.90

Ten Ren Tea's (TWSE:1233) Upcoming Dividend Will Be Larger Than Last Year's

Jun 19
Ten Ren Tea's (TWSE:1233) Upcoming Dividend Will Be Larger Than Last Year's

Ten Ren Tea (TWSE:1233) Is Paying Out A Larger Dividend Than Last Year

May 21
Ten Ren Tea (TWSE:1233) Is Paying Out A Larger Dividend Than Last Year

Is Ten Ren Tea Co., Ltd. (TPE:1233) An Attractive Dividend Stock?

Apr 06
Is Ten Ren Tea Co., Ltd. (TPE:1233) An Attractive Dividend Stock?

These 4 Measures Indicate That Ten Ren Tea (TPE:1233) Is Using Debt Reasonably Well

Mar 10
These 4 Measures Indicate That Ten Ren Tea (TPE:1233) Is Using Debt Reasonably Well

Is Ten Ren Tea (TPE:1233) Headed For Trouble?

Feb 20
Is Ten Ren Tea (TPE:1233) Headed For Trouble?

Ten Ren Tea Co., Ltd.'s (TPE:1233) Dismal Stock Performance Reflects Weak Fundamentals

Feb 05
Ten Ren Tea Co., Ltd.'s (TPE:1233) Dismal Stock Performance Reflects Weak Fundamentals

What Type Of Returns Would Ten Ren Tea's(TPE:1233) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Jan 21
What Type Of Returns Would Ten Ren Tea's(TPE:1233) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Is Ten Ren Tea Co., Ltd. (TPE:1233) A Risky Dividend Stock?

Jan 06
Is Ten Ren Tea Co., Ltd. (TPE:1233) A Risky Dividend Stock?

Are Ten Ren Tea's (TPE:1233) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 17
Are Ten Ren Tea's (TPE:1233) Statutory Earnings A Good Reflection Of Its Earnings Potential?

We Think Ten Ren Tea (TPE:1233) Can Stay On Top Of Its Debt

Nov 29
We Think Ten Ren Tea (TPE:1233) Can Stay On Top Of Its Debt

Financial Position Analysis

Short Term Liabilities: 1233's short term assets (NT$690.6M) exceed its short term liabilities (NT$563.0M).

Long Term Liabilities: 1233's short term assets (NT$690.6M) exceed its long term liabilities (NT$273.6M).

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 7% to 9.6% over the past 5 years.

Debt Coverage: 1233's debt is well covered by operating cash flow (168.6%).

Interest Coverage: 1233 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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