TSRC Balance Sheet Health
Financial Health criteria checks 6/6
TSRC has a total shareholder equity of NT$20.8B and total debt of NT$9.3B, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are NT$38.0B and NT$17.2B respectively. TSRC's EBIT is NT$947.9M making its interest coverage ratio -139.2. It has cash and short-term investments of NT$5.4B.
Key information
44.5%
Debt to equity ratio
NT$9.26b
Debt
| Interest coverage ratio | -139.2x |
| Cash | NT$5.45b |
| Equity | NT$20.80b |
| Total liabilities | NT$17.19b |
| Total assets | NT$37.99b |
Recent financial health updates
Recent updates
Rainbows and Unicorns: TSRC Corporation (TPE:2103) Analysts Just Became A Lot More Optimistic
Apr 28
Zooming in on TPE:2103's 1.3% Dividend Yield
Mar 22Are Investors Concerned With What's Going On At TSRC (TPE:2103)?
Mar 01Is TSRC Corporation (TPE:2103) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 02
Is TSRC (TPE:2103) A Risky Investment?
Jan 12Something To Consider Before Buying TSRC Corporation (TPE:2103) For The 2.2% Dividend
Dec 22Reflecting on TSRC's (TPE:2103) Share Price Returns Over The Last Three Years
Dec 01Financial Position Analysis
Short Term Liabilities: 2103's short term assets (NT$17.1B) exceed its short term liabilities (NT$10.4B).
Long Term Liabilities: 2103's short term assets (NT$17.1B) exceed its long term liabilities (NT$6.8B).
Debt to Equity History and Analysis
Debt Level: 2103's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: 2103's debt to equity ratio has reduced from 54.6% to 44.5% over the past 5 years.
Debt Coverage: 2103's debt is well covered by operating cash flow (29.4%).
Interest Coverage: 2103 earns more interest than it pays, so coverage of interest payments is not a concern.