Taita Chemical Company Balance Sheet Health
Financial Health criteria checks 4/6
Taita Chemical Company has a total shareholder equity of NT$6.4B and total debt of NT$1.1B, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are NT$9.5B and NT$3.1B respectively.
Key information
17.6%
Debt to equity ratio
NT$1.13b
Debt
| Interest coverage ratio | n/a |
| Cash | NT$2.67b |
| Equity | NT$6.42b |
| Total liabilities | NT$3.12b |
| Total assets | NT$9.54b |
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
Is 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$6.2B) exceed its short term liabilities (NT$2.8B).
Long Term Liabilities: 1309's short term assets (NT$6.2B) exceed its long term liabilities (NT$358.8M).
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 54.9% to 17.6% 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.