Taimide Tech. Inc.

TWSE:3645 Stock Report

Market Cap: NT$5.6b

Taimide Tech Balance Sheet Health

Financial Health criteria checks 6/6

Taimide Tech has a total shareholder equity of NT$3.0B and total debt of NT$1.5B, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are NT$4.9B and NT$1.9B respectively. Taimide Tech's EBIT is NT$108.9M making its interest coverage ratio 3.7. It has cash and short-term investments of NT$355.6M.

Key information

49.0%

Debt to equity ratio

NT$1.46b

Debt

Interest coverage ratio3.7x
CashNT$355.60m
EquityNT$2.98b
Total liabilitiesNT$1.95b
Total assetsNT$4.93b

Recent financial health updates

Is Taimide Tech (TWSE:3645) Using Too Much Debt?

Mar 06
Is Taimide Tech (TWSE:3645) Using Too Much Debt?

We Think Taimide Tech (TPE:3645) Can Stay On Top Of Its Debt

Feb 07
We Think Taimide Tech (TPE:3645) Can Stay On Top Of Its Debt

Recent updates

Taimide Tech's (TWSE:3645) Returns On Capital Not Reflecting Well On The Business

Sep 10
Taimide Tech's (TWSE:3645) Returns On Capital Not Reflecting Well On The Business

Optimistic Investors Push Taimide Tech. Inc. (TWSE:3645) Shares Up 27% But Growth Is Lacking

Aug 19
Optimistic Investors Push Taimide Tech. Inc. (TWSE:3645) Shares Up 27% But Growth Is Lacking

Is Taimide Tech (TWSE:3645) Using Too Much Debt?

Mar 06
Is Taimide Tech (TWSE:3645) Using Too Much Debt?

Key Things To Consider Before Buying Taimide Tech. Inc. (TPE:3645) For Its Dividend

Mar 26
Key Things To Consider Before Buying Taimide Tech. Inc. (TPE:3645) For Its Dividend

Taimide Tech (TPE:3645) Has Gifted Shareholders With A Fantastic 116% Total Return On Their Investment

Mar 08
Taimide Tech (TPE:3645) Has Gifted Shareholders With A Fantastic 116% Total Return On Their Investment

We Think Taimide Tech (TPE:3645) Can Stay On Top Of Its Debt

Feb 07
We Think Taimide Tech (TPE:3645) Can Stay On Top Of Its Debt

Is Taimide Tech (TPE:3645) Likely To Turn Things Around?

Jan 17
Is Taimide Tech (TPE:3645) Likely To Turn Things Around?

Taimide Tech. Inc.'s (TPE:3645) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Dec 27
Taimide Tech. Inc.'s (TPE:3645) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

Did You Participate In Any Of Taimide Tech's (TPE:3645) Fantastic 201% Return ?

Dec 07
Did You Participate In Any Of Taimide Tech's (TPE:3645) Fantastic 201% Return ?

Financial Position Analysis

Short Term Liabilities: 3645's short term assets (NT$1.6B) exceed its short term liabilities (NT$1.1B).

Long Term Liabilities: 3645's short term assets (NT$1.6B) exceed its long term liabilities (NT$878.4M).

Debt to Equity History and Analysis

Debt Level: 3645's net debt to equity ratio (37.1%) is considered satisfactory.

Reducing Debt: 3645's debt to equity ratio has reduced from 73.1% to 49% over the past 5 years.

Debt Coverage: 3645's debt is well covered by operating cash flow (30%).

Interest Coverage: 3645's interest payments on its debt are well covered by EBIT (3.7x coverage).

Balance Sheet

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