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 -9.4. It has cash and short-term investments of NT$169.8M.
Key information
9.6%
Debt to equity ratio
NT$135.50m
Debt
Interest coverage ratio | -9.4x |
Cash | NT$169.81m |
Equity | NT$1.41b |
Total liabilities | NT$836.60m |
Total assets | NT$2.25b |
Recent financial health updates
These 4 Measures Indicate That Ten Ren Tea (TPE:1233) Is Using Debt Reasonably Well
Mar 10We Think Ten Ren Tea (TPE:1233) Can Stay On Top Of Its Debt
Nov 29Recent updates
Ten Ren Tea (TWSE:1233) Is Increasing Its Dividend To NT$0.90
Jul 04Ten Ren Tea's (TWSE:1233) Upcoming Dividend Will Be Larger Than Last Year's
Jun 19Ten Ren Tea (TWSE:1233) Is Paying Out A Larger Dividend Than Last Year
May 21Is 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 20Ten 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$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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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/24 18:04 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ten Ren Tea Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Regina Lee | Jih Sun Securities Investment Consulting Co., Ltd. |