Taita Chemical Company Balance Sheet Health
Financial Health criteria checks 4/6
Taita Chemical Company has a total shareholder equity of NT$6.6B and total debt of NT$825.0M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are NT$8.9B and NT$2.2B respectively.
Key information
12.4%
Debt to equity ratio
NT$825.00m
Debt
| Interest coverage ratio | n/a |
| Cash | NT$2.38b |
| Equity | NT$6.65b |
| Total liabilities | NT$2.24b |
| Total assets | NT$8.89b |
Recent financial health updates
Recent updates
Returns On Capital Are A Standout For Taita Chemical Company (TPE:1309)
Apr 20
Is 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$5.5B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 1309's short term assets (NT$5.5B) exceed its long term liabilities (NT$322.7M).
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 75.8% to 12.4% 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.