Taihan Precision Technology Balance Sheet Health
Financial Health criteria checks 6/6
Taihan Precision Technology has a total shareholder equity of NT$1.8B and total debt of NT$119.8M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are NT$2.6B and NT$865.2M respectively. Taihan Precision Technology's EBIT is NT$162.1M making its interest coverage ratio 8.3. It has cash and short-term investments of NT$596.0M.
Key information
6.8%
Debt to equity ratio
NT$119.80m
Debt
| Interest coverage ratio | 8.3x |
| Cash | NT$595.98m |
| Equity | NT$1.77b |
| Total liabilities | NT$865.25m |
| Total assets | NT$2.63b |
Recent financial health updates
Is Taihan Precision Technology (GTSM:1336) Using Too Much Debt?
Apr 17
Here's Why Taihan Precision Technology (GTSM:1336) Can Manage Its Debt Responsibly
Jan 14
Recent updates
Is Taihan Precision Technology (GTSM:1336) Using Too Much Debt?
Apr 17Can Taihan Precision Technology (GTSM:1336) Continue To Grow Its Returns On Capital?
Feb 20Taihan Precision Technology (GTSM:1336) Has Gifted Shareholders With A Fantastic 257% Total Return On Their Investment
Feb 01Here's Why Taihan Precision Technology (GTSM:1336) Can Manage Its Debt Responsibly
Jan 14Is Taihan Precision Technology Co., Ltd.'s (GTSM:1336) Latest Stock Performance A Reflection Of Its Financial Health?
Dec 27Should You Rely On Taihan Precision Technology's (GTSM:1336) Earnings Growth?
Dec 09Here’s What’s Happening With Returns At Taihan Precision Technology (GTSM:1336)
Nov 21Financial Position Analysis
Short Term Liabilities: 1336's short term assets (NT$1.2B) exceed its short term liabilities (NT$524.8M).
Long Term Liabilities: 1336's short term assets (NT$1.2B) exceed its long term liabilities (NT$340.5M).
Debt to Equity History and Analysis
Debt Level: 1336 has more cash than its total debt.
Reducing Debt: 1336's debt to equity ratio has reduced from 21.8% to 6.8% over the past 5 years.
Debt Coverage: 1336's debt is well covered by operating cash flow (354.1%).
Interest Coverage: 1336's interest payments on its debt are well covered by EBIT (8.3x coverage).