Ta Chen Stainless Pipe Balance Sheet Health
Financial Health criteria checks 6/6
Ta Chen Stainless Pipe has a total shareholder equity of NT$76.1B and total debt of NT$39.7B, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are NT$134.6B and NT$58.6B respectively. Ta Chen Stainless Pipe's EBIT is NT$5.9B making its interest coverage ratio 7.1. It has cash and short-term investments of NT$10.4B.
Key information
52.2%
Debt to equity ratio
NT$39.73b
Debt
| Interest coverage ratio | 7.1x |
| Cash | NT$10.39b |
| Equity | NT$76.06b |
| Total liabilities | NT$58.57b |
| Total assets | NT$134.64b |
Recent financial health updates
Here's Why Ta Chen Stainless Pipe (TWSE:2027) Has A Meaningful Debt Burden
Oct 15
Is Ta Chen Stainless Pipe (TWSE:2027) A Risky Investment?
May 02Is Ta Chen Stainless Pipe (TPE:2027) A Risky Investment?
Feb 28Recent updates
Investors Still Waiting For A Pull Back In Ta Chen Stainless Pipe Co., Ltd. (TWSE:2027)
Jan 17Ta Chen Stainless Pipe (TWSE:2027) May Have Issues Allocating Its Capital
Dec 10We Think You Can Look Beyond Ta Chen Stainless Pipe's (TWSE:2027) Lackluster Earnings
Nov 21Here's Why Ta Chen Stainless Pipe (TWSE:2027) Has A Meaningful Debt Burden
Oct 15Ta Chen Stainless Pipe (TWSE:2027) Will Want To Turn Around Its Return Trends
Sep 05Ta Chen Stainless Pipe's (TWSE:2027) Dividend Is Being Reduced To NT$1.20
Jul 22Ta Chen Stainless Pipe Co., Ltd.'s (TWSE:2027) Subdued P/E Might Signal An Opportunity
Jul 01Ta Chen Stainless Pipe Co., Ltd.'s (TWSE:2027) CEO Compensation Is Looking A Bit Stretched At The Moment
Jun 12Is Ta Chen Stainless Pipe (TWSE:2027) A Risky Investment?
May 02Ta Chen Stainless Pipe's (TWSE:2027) Conservative Accounting Might Explain Soft Earnings
Mar 22Investors Could Be Concerned With Ta Chen Stainless Pipe's (TWSE:2027) Returns On Capital
Mar 15Is Ta Chen Stainless Pipe Co., Ltd. (TPE:2027) A Smart Choice For Dividend Investors?
Apr 11Are Investors Undervaluing Ta Chen Stainless Pipe Co., Ltd. (TPE:2027) By 41%?
Mar 21Is Ta Chen Stainless Pipe (TPE:2027) A Risky Investment?
Feb 28Has Ta Chen Stainless Pipe (TPE:2027) Got What It Takes To Become A Multi-Bagger?
Feb 07
Ta Chen Stainless Pipe (TPE:2027) Has Gifted Shareholders With A Fantastic 170% Total Return On Their Investment
Jan 17Is Ta Chen Stainless Pipe Co., Ltd. (TPE:2027) A Strong Dividend Stock?
Dec 21Estimating The Fair Value Of Ta Chen Stainless Pipe Co., Ltd. (TPE:2027)
Nov 30Financial Position Analysis
Short Term Liabilities: 2027's short term assets (NT$76.9B) exceed its short term liabilities (NT$26.2B).
Long Term Liabilities: 2027's short term assets (NT$76.9B) exceed its long term liabilities (NT$32.3B).
Debt to Equity History and Analysis
Debt Level: 2027's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: 2027's debt to equity ratio has reduced from 137% to 52.2% over the past 5 years.
Debt Coverage: 2027's debt is well covered by operating cash flow (44.5%).
Interest Coverage: 2027's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 10:25 |
| End of Day Share Price | 2025/01/20 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Ta Chen Stainless Pipe Co., Ltd. is covered by 5 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 |
|---|---|
| Jihong Lai | Capital Securities Corporation |
| Qiuxiang Lin | Jih Sun Securities Investment Consulting Co., Ltd. |
| Liangyu Ko | Masterlink Securities Corp. |