Union Insurance Balance Sheet Health
Financial Health criteria checks 5/6
Union Insurance has a total shareholder equity of NT$6.1B and total debt of NT$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NT$19.9B and NT$13.8B respectively. Union Insurance's EBIT is NT$1.3B making its interest coverage ratio 180. It has cash and short-term investments of NT$5.2B.
Key information
0%
Debt to equity ratio
NT$0
Debt
| Interest coverage ratio | 180x |
| Cash | NT$5.20b |
| Equity | NT$6.10b |
| Total liabilities | NT$13.83b |
| Total assets | NT$19.93b |
Recent financial health updates
No updates
Recent updates
Are You An Income Investor? Don't Miss Out On Union Insurance Co., Ltd. (TPE:2816)
Apr 25
Did You Participate In Any Of Union Insurance's (TPE:2816) Respectable 77% Return?
Mar 21Here's How We Evaluate Union Insurance Co., Ltd.'s (TPE:2816) Dividend
Jan 24
Did You Participate In Any Of Union Insurance's (TPE:2816) Respectable 58% Return?
Dec 20Financial Position Analysis
Short Term Liabilities: 2816's short term assets (NT$10.6B) do not cover its short term liabilities (NT$13.5B).
Long Term Liabilities: 2816's short term assets (NT$10.6B) exceed its long term liabilities (NT$330.4M).
Debt to Equity History and Analysis
Debt Level: 2816 is debt free.
Reducing Debt: 2816 has not had any debt for past 5 years.
Debt Coverage: 2816 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2816 has no debt, therefore coverage of interest payments is not a concern.