Tung Ho Steel Enterprise Balance Sheet Health
Financial Health criteria checks 6/6
Tung Ho Steel Enterprise has a total shareholder equity of NT$31.6B and total debt of NT$14.2B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are NT$55.3B and NT$23.7B respectively. Tung Ho Steel Enterprise's EBIT is NT$6.0B making its interest coverage ratio 20.2. It has cash and short-term investments of NT$2.4B.
Key information
45.0%
Debt to equity ratio
NT$14.21b
Debt
| Interest coverage ratio | 20.2x |
| Cash | NT$2.43b |
| Equity | NT$31.59b |
| Total liabilities | NT$23.70b |
| Total assets | NT$55.29b |
Recent financial health updates
Does Tung Ho Steel Enterprise (TWSE:2006) Have A Healthy Balance Sheet?
Sep 30
Does Tung Ho Steel Enterprise (TPE:2006) Have A Healthy Balance Sheet?
Apr 10Here's Why Tung Ho Steel Enterprise (TPE:2006) Can Manage Its Debt Responsibly
Dec 30Recent updates
Does Tung Ho Steel Enterprise (TWSE:2006) Have A Healthy Balance Sheet?
Sep 30Tung Ho Steel Enterprise (TWSE:2006) Shareholders Will Want The ROCE Trajectory To Continue
Sep 10Returns At Tung Ho Steel Enterprise (TWSE:2006) Are On The Way Up
Apr 22Does Tung Ho Steel Enterprise (TPE:2006) Have A Healthy Balance Sheet?
Apr 10One Analyst's Earnings Estimates For Tung Ho Steel Enterprise Corporation (TPE:2006) Are Surging Higher
Mar 26Should You Be Adding Tung Ho Steel Enterprise (TPE:2006) To Your Watchlist Today?
Mar 19Do Its Financials Have Any Role To Play In Driving Tung Ho Steel Enterprise Corporation's (TPE:2006) Stock Up Recently?
Mar 03Estimating The Fair Value Of Tung Ho Steel Enterprise Corporation (TPE:2006)
Feb 18
What Can The Trends At Tung Ho Steel Enterprise (TPE:2006) Tell Us About Their Returns?
Feb 05Is Tung Ho Steel Enterprise Corporation (TPE:2006) A Good Fit For Your Dividend Portfolio?
Jan 23Here's Why Tung Ho Steel Enterprise (TPE:2006) Can Manage Its Debt Responsibly
Dec 30Here's Why I Think Tung Ho Steel Enterprise (TPE:2006) Is An Interesting Stock
Dec 19Should You Rely On Tung Ho Steel Enterprise's (TPE:2006) Earnings Growth?
Dec 08Tung Ho Steel Enterprise Corporation's (TPE:2006) Stock Is Going Strong: Have Financials A Role To Play?
Nov 26Financial Position Analysis
Short Term Liabilities: 2006's short term assets (NT$31.3B) exceed its short term liabilities (NT$20.4B).
Long Term Liabilities: 2006's short term assets (NT$31.3B) exceed its long term liabilities (NT$3.3B).
Debt to Equity History and Analysis
Debt Level: 2006's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: 2006's debt to equity ratio has reduced from 79.8% to 45% over the past 5 years.
Debt Coverage: 2006's debt is well covered by operating cash flow (48.4%).
Interest Coverage: 2006's interest payments on its debt are well covered by EBIT (20.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 10:12 |
| End of Day Share Price | 2024/12/27 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 |
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| 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
Tung Ho Steel Enterprise Corporation is covered by 12 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 |
|---|---|
| Geoffrey Boyd | CLSA |
| Changming Yeh | Credit Suisse |
| Jizong Huang | E.Sun Securities Investment Consulting Co. Ltd. |