TCC Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
TCC Group Holdings has a total shareholder equity of NT$295.9B and total debt of NT$191.4B, which brings its debt-to-equity ratio to 64.7%. Its total assets and total liabilities are NT$568.0B and NT$272.1B respectively. TCC Group Holdings's EBIT is NT$11.1B making its interest coverage ratio -7.1. It has cash and short-term investments of NT$115.2B.
Key information
64.7%
Debt to equity ratio
NT$191.36b
Debt
Interest coverage ratio | -7.1x |
Cash | NT$115.22b |
Equity | NT$295.93b |
Total liabilities | NT$272.06b |
Total assets | NT$567.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1101B's short term assets (NT$176.1B) exceed its short term liabilities (NT$83.6B).
Long Term Liabilities: 1101B's short term assets (NT$176.1B) do not cover its long term liabilities (NT$188.4B).
Debt to Equity History and Analysis
Debt Level: 1101B's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: 1101B's debt to equity ratio has increased from 54.3% to 64.7% over the past 5 years.
Debt Coverage: 1101B's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 1101B earns more interest than it pays, so coverage of interest payments is not a concern.