Tex Year Industries Balance Sheet Health
Financial Health criteria checks 6/6
Tex Year Industries has a total shareholder equity of NT$1.7B and total debt of NT$800.4M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are NT$3.2B and NT$1.5B respectively. Tex Year Industries's EBIT is NT$135.0M making its interest coverage ratio 20.8. It has cash and short-term investments of NT$576.8M.
Key information
46.7%
Debt to equity ratio
NT$800.42m
Debt
| Interest coverage ratio | 20.8x |
| Cash | NT$576.78m |
| Equity | NT$1.71b |
| Total liabilities | NT$1.53b |
| Total assets | NT$3.24b |
Recent financial health updates
We Think Tex Year Industries (TWSE:4720) Can Manage Its Debt With Ease
Sep 10
Is Tex Year Industries (TPE:4720) Using Too Much Debt?
Feb 28Recent updates
We Think Tex Year Industries (TWSE:4720) Can Manage Its Debt With Ease
Sep 10Tex Year Industries Inc. (TWSE:4720) Held Back By Insufficient Growth Even After Shares Climb 29%
Jul 05Returns At Tex Year Industries (TWSE:4720) Are On The Way Up
Jul 04We Think You Should Be Aware Of Some Concerning Factors In Tex Year Industries' (TWSE:4720) Earnings
Apr 05Tex Year Industries (TPE:4720) May Have Issues Allocating Its Capital
Apr 05If You Had Bought Tex Year Industries (TPE:4720) Shares A Year Ago You'd Have Earned 49% Returns
Mar 18Is Tex Year Industries (TPE:4720) Using Too Much Debt?
Feb 28Can Tex Year Industries Inc.'s (TPE:4720) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Feb 09
Is Tex Year Industries Inc. (TPE:4720) A Smart Pick For Income Investors?
Jan 19Has Tex Year Industries (TPE:4720) Got What It Takes To Become A Multi-Bagger?
Dec 31Financial Position Analysis
Short Term Liabilities: 4720's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.3B).
Long Term Liabilities: 4720's short term assets (NT$2.0B) exceed its long term liabilities (NT$231.4M).
Debt to Equity History and Analysis
Debt Level: 4720's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: 4720's debt to equity ratio has reduced from 88.8% to 46.7% over the past 5 years.
Debt Coverage: 4720's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 4720's interest payments on its debt are well covered by EBIT (20.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:08 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Tex Year Industries Inc. is covered by 2 analysts. 0 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 |
|---|---|
| Shu-Fang Chen | Masterlink Securities Corp. |
| Raymond Kuo | SinoPac Securities Investment Service |