Taita Chemical Company Balance Sheet Health
Financial Health criteria checks 4/6
Taita Chemical Company has a total shareholder equity of NT$6.3B and total debt of NT$1.8B, which brings its debt-to-equity ratio to 27.9%. Its total assets and total liabilities are NT$9.9B and NT$3.5B respectively.
Key information
27.9%
Debt to equity ratio
NT$1.77b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$2.34b |
| Equity | NT$6.33b |
| Total liabilities | NT$3.52b |
| Total assets | NT$9.85b |
Recent financial health updates
Is Taita Chemical Company (TWSE:1309) A Risky Investment?
Sep 18
Does Taita Chemical Company (TPE:1309) Have A Healthy Balance Sheet?
Feb 10Recent updates
Market Might Still Lack Some Conviction On Taita Chemical Company, Limited (TWSE:1309) Even After 31% Share Price Boost
Oct 04Is Taita Chemical Company (TWSE:1309) A Risky Investment?
Sep 18Taita Chemical Company (TWSE:1309) Will Pay A Smaller Dividend Than Last Year
Jul 22Investors Still Aren't Entirely Convinced By Taita Chemical Company, Limited's (TWSE:1309) Revenues Despite 29% Price Jump
Jul 12Taita Chemical Company (TWSE:1309) Has Announced That Its Dividend Will Be Reduced To NT$0.30
Jul 05Taita Chemical Company (TWSE:1309) Is Paying Out Less In Dividends Than Last Year
Jun 07Returns On Capital Are A Standout For Taita Chemical Company (TPE:1309)
Apr 20Is Taita Chemical Company, Ltd. (TPE:1309) A Smart Choice For Dividend Investors?
Apr 05Taita Chemical Company's (TPE:1309) Wonderful 502% Share Price Increase Shows How Capitalism Can Build Wealth
Mar 21Estimating The Intrinsic Value Of Taita Chemical Company, Ltd. (TPE:1309)
Mar 03Does Taita Chemical Company (TPE:1309) Have A Healthy Balance Sheet?
Feb 10Could The Market Be Wrong About Taita Chemical Company, Ltd. (TPE:1309) Given Its Attractive Financial Prospects?
Jan 23
Will Taita Chemical Company (TPE:1309) Become A Multi-Bagger?
Jan 06Is There More To The Story Than Taita Chemical Company's (TPE:1309) Earnings Growth?
Dec 19Introducing Taita Chemical Company (TPE:1309), The Stock That Soared 365% In The Last Five Years
Dec 02Financial Position Analysis
Short Term Liabilities: 1309's short term assets (NT$6.5B) exceed its short term liabilities (NT$3.2B).
Long Term Liabilities: 1309's short term assets (NT$6.5B) exceed its long term liabilities (NT$353.4M).
Debt to Equity History and Analysis
Debt Level: 1309 has more cash than its total debt.
Reducing Debt: 1309's debt to equity ratio has reduced from 61.4% to 27.9% over the past 5 years.
Debt Coverage: 1309's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1309's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 21:51 |
| End of Day Share Price | 2024/12/18 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 * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Taita Chemical Company, Limited is covered by 8 analysts. 2 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 |
|---|---|
| Yayue Hsueh | Capital Securities Corporation |
| Kunta Kuo | E.Sun Securities Investment Consulting Co. Ltd. |
| Zhangni Wang | Jih Sun Securities Investment Consulting Co., Ltd. |