Taiwan Steel Union Balance Sheet Health
Financial Health criteria checks 6/6
Taiwan Steel Union has a total shareholder equity of NT$4.2B and total debt of NT$567.6M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are NT$5.1B and NT$935.7M respectively. Taiwan Steel Union's EBIT is NT$924.1M making its interest coverage ratio -172.1. It has cash and short-term investments of NT$499.6M.
Key information
13.5%
Debt to equity ratio
NT$567.62m
Debt
Interest coverage ratio | -172.1x |
Cash | NT$499.60m |
Equity | NT$4.20b |
Total liabilities | NT$935.73m |
Total assets | NT$5.14b |
Recent financial health updates
Recent updates
Taiwan Steel Union (TWSE:6581) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 07Taiwan Steel Union (TWSE:6581) Is Reducing Its Dividend To NT$4.30
Feb 28Here's What You Should Know About Taiwan Steel Union Co., Ltd's (TPE:6581) 4.1% Dividend Yield
Apr 08Interested In Taiwan Steel Union's (TPE:6581) Upcoming NT$3.00 Dividend? You Have Three Days Left
Mar 20Taiwan Steel Union Co., Ltd's (TPE:6581) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 18Here's Why Taiwan Steel Union (TPE:6581) Can Manage Its Debt Responsibly
Feb 23The Returns At Taiwan Steel Union (TPE:6581) Provide Us With Signs Of What's To Come
Feb 03Reflecting on Taiwan Steel Union's (TPE:6581) Share Price Returns Over The Last Three Years
Jan 12Tread With Caution Around Taiwan Steel Union Co., Ltd's (TPE:6581) 3.3% Dividend Yield
Dec 22Can Taiwan Steel Union Co., Ltd's (TPE:6581) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Dec 04Financial Position Analysis
Short Term Liabilities: 6581's short term assets (NT$912.2M) exceed its short term liabilities (NT$396.9M).
Long Term Liabilities: 6581's short term assets (NT$912.2M) exceed its long term liabilities (NT$538.8M).
Debt to Equity History and Analysis
Debt Level: 6581's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 6581's debt to equity ratio has reduced from 23.5% to 13.5% over the past 5 years.
Debt Coverage: 6581's debt is well covered by operating cash flow (173.9%).
Interest Coverage: 6581 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/22 07:00 |
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 * |
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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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Industry and Sector Metrics
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Analyst Sources
Taiwan Steel Union Co., Ltd. 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 |
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Horn Yu Chien | Masterlink Securities Corp. |
Yili Chen | SinoPac Securities Investment Service |